Michael Contreras
Where to form an Llc?
Hello,First post here, and total newbie. My wife and are in the process of closing our first investment property in the Lake Tahoe Area (California side)We live in California and would like advice in which state we sh...
Randee Krymer
Business entity for buying and selling raw land
I am planning to start a business to buy and sell raw/vacant land. I would like the freedom to purchase properties in any state, but I am beginning to think that will be complicated by the rules of most business entit...
Austin Fowler
Real estate lawyer near NW LA? (Woodland Hills, CA)
I am new to rental real estate investing in LA, but have existing assets to protect, and would like to focus on asset protection from the beginning. Can anyone recommend a good real estate lawyer that can help me with...
Horacio Gutierrez
Children under age of 18 inherts rental property in trust
Hello,Say a kid under the age of 18 inherits a rental property which has been placed under a trust and parents choose a custodian to manage the rental property. The rental property still has mortgage. The custodian ...
Scot Leavitt
capital gains and opportunity zone investments
I am in the process of selling my C corporation. As it stands I would be tax at the corporate level 21% then the proceeds will flow to me as capital gains. I would then be taxed another 20% totaling 40%. Is it possibl...
Katherine Velazquez
Newbie: Finding the correct state
Hello BP,
I am a newbie and I want to be able to achieve my first rental property in the next 6-12 months. I know I want to invest in single-family/ Small Multi-family homes and use the buy and hold strategy. I have ...
Carrie Nevins
Remove tenant with no current lease
My tenant signed her one year lease in August 2019, set to expire August 2020. In August 2020 I asked if she'd like to continue living in the residence on a month to month tenancy and she agreed. I should note that sh...
Brandon Stanley
Tax question about out of state of inherited property
Hello!I am in the process of doing my taxes and I am currently just using Turbo Tax (not the best, I know, but I have been struggling to find a good CPA). In 2022 I inherited a property with my brother. We sold it bel...
Julio Gonzalez
Tax Planning Considerations with the New Bonus Depreciation
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
Blake Avila
New to out of state investing. Make my LLC here or out of state?
New to out of state investing. Should I create my LLC in my home state or in the state I’m going to invest in?