Dennis Tierney
Obamacare rent tax
For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...
Karen Margrave
SFR, Commercial, Multi Family, Income properties, what?
Most of the investors on BP everyday are doing some form of SFR investing. My question is why? I'm sure it's because many of you are just getting started, and funding is tight. I understand that. However; for those th...
Brie Schmidt
Tax Questions about Flipping
I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...
Carly Turow
Rules of Real Estate License
I'm considering getting my REL in Florida, but not really to become a full-time agent. Rather, I'm interested in real estate investing, but know very little (BP is helping though!) and figured that a REL would:1. Help...
Brian Bertschi
Section 8 how does it work? What are the things to be aware of ?
I just closed on my first property which is a duplex that I am going to live in the top unit and rent the bottom unit. I have a potential tenant that is on disability and gets housing credits through the HUD. I’m comp...
Luke Benson
Hello and taking over Fathers Rentals
Hi everyone!
I am just getting started in the rental world. My father passed away this summer, and left 2 rentals for my mom. Both are owned outright with zero debt.
1) 1800sq ft split level in St. Cloud MN sa...
John Boby
HOW TO TAKE MONEY OUT OF S CORPORATION
HOW TO TAKE MONEY OUT OF S CORPORATION AND INVEST IT IN THE REAL ESTATE BY OPENING A NEW LLC.
Jeffrey Marshall
Asset protection S-Corp LLC or both?
Just getting started in real estate and I keep seeing asset protection as being very important. How do I determine what kind of protection to have S-Corp LLC or both? Can anyone explain how I could have both and what ...
Sandy Metivier
commercial lender need to be in the same state as the property?
Hi… I have a 6-unit in Cleveland OH that I own in full, and now I’d like to seek a cash-out refi commercial loan/mortgage. Does the lender need to be in the state the property is in (Ohio)? (Oh, and I live in CA).I’m ...
Andrew Erickson
Family Inherited Large Property in LA - How much is it worth?
My grandmother bought a minority share in a commercial property nearly 50 years ago. She passed on her shares to my mother and her siblings about 20 years ago. They together own 25% of a large commercial building in C...