Kellan Martz
Should I put investment property into an LLC or a trust?
Three of us are planning to buy a single family home or duplex for a buy and hold plan this summer (or before). We know we most likely need to take title in our own names for mortgage purposes, but then want to transf...
Angel Clark
Joint tenancy or tenancy in common?
About to close on residential home we plan on living in. Bought with my family’s assistance for down payment. My significant other (SO) and I are not legally married and we file taxes separately and overall have our f...
Patrick Irish
1031 and Sec 121 Experts - want to sell rental but tax worried.
I have a townhouse in the Bay Area norcal. Bought 12 years ago. Been renting it out 3 years as of March 2024.Recent townhouse sold for $980k in my development in 6 days, $150k over asking (2/2, 2 car garage 980sqft). ...
Abdenour Achab
Which Tax Lien States are BOTH Interest Rate Bid Down AND No Foreclosure Required?
I like the fact that Arizona is an interest rate bid down state. However, in my experience, as soon as the deadbeat owners of the worthwhile houses receives the 30 day notice of intent to foreclose, they redeem their ...
Austin White
Short Term Rental Loophole and Alternative Minimum Tax Impact
Community - My wife and I are high-income earners, each with salaries greater than $150,000 per year. We file separately for a student loan strategy. We purchased, renovated, and placed our first short term rental in ...
Mikhail Petrenko
1 -> 4 units in East Bay Area. Should I do it?
Hi everyone!Long time reader, first-time poster.I found OFF-market property in San Lorenzo (East Bay area). There is 1200 SF 3 bd/2 ba old house sitting on 9000 SF lot with grandfathered duplex zoning.
Appraisal for ...
Chris Herring
Tax Strategies When MAGI Exceeds $150,000
Hello, I'm a long time lurker but I believe this is my first post. While I have upcoming meetings with a real estate CPA, attorney, and a financial planner I want to reach out and see if anyone has some insight.My bu...
Patrick Fricchione
Cost Segregation Analysis for primary residence
I have an investment property in an LLC acquired through a 1031 exchange. Should I decide to demo the property in 4 years and rebuild, can I do a cost segregation analysis and use it as a primary residence or will the...
NA Reddy
Would I benefit from an LLC if I invest in RE thru Syndications
Hi All! I'm new to bigger pockets. I've been investing in apartments for the past year. I invested in one deal as a Limited Partner and one as a General Partner. I'm about to invest in one more as a GP. Usually all de...
Natalie Johnstone
Delaware LLC / Cali purchase
Hi! Considering our options - if we opened a Delaware LLC could we purchase a property under or transfer under if the property is purchased in CA?