Mike Gordon
General LLC Questions
I think I'm ready to form an LLC for the next property I buy and am currently writing a few offers. I had some questions about LLCs that some of you might be able to answer: - I'm thinking of filing in Nevada or Wyomi...
Li Tolentino
Invest with Partners - do I need to set up LLC first before offer
Hi, I am new to real estate and looking to buy an investment property with two partners. We want the property to be titled in the name of LLC, for legal protection and also for personal reasons.1) What is the best sta...
Sam Bauman
Multi-family with my brother?
Hi everyone! Big fan of BP but new to the forums. I am just starting in my career and in my fascination with househacking.I have a question regarding buying a duplex: Given my circumstances -- should I go in on a deal...
Edwin Wealth
Newbie Investor and Forming LLC
Hello Investors,
I am considering forming my LLC to begin Fixing and Flipping homes in the New Jersey area as soon as February, March of 2024. I am currently employed full time and I've yet to complete one flip howe...
Karen Tan
When can you take bonus depreciation?
Hi, we converted our previous primary into LT rental in January 2022. It’s been rented since. Purchased in 2018 at $325k, it is now valued at roughly $410k. Is it too late to get a cost seg and take bonus depreciation...
Deano Vulcano
Ben Leybovich program
I listened to Ben's podcast on BP. I see that he has a program that he is selling. Does anyone have any experience with his materials?
I want to make sure it's not over my head.......and Im 6'5" :-)
Wendy Boswell
Refinance - am I making a mistake?
First time poster, long time reader. Not sure where to post this. We have a home in Sherwood Oregon that we bought in 2005, it's appreciated nicely and we have been told that we could easily get 365k or above in this ...
Juan Alvarez
To sell rehabbed property or hold options
I started my real estate investing journey earlier this year by buying an out of state property in Detroit Michigan with the goal to fix and flip as a turnkey. I did some major rehab (new roof, windows, etc) and also ...
Gwyeth Smith
Classifying Spouse as Real Estate Professional
I am curious if classifying my spouse as a real estate professional can offset ordinary income when filing jointly. She does actually classify as such. We have rental properties in various LLC's and until recently w...
Preet Oberoi
Tax benefit of STR/Tiny home - Will it work ?
Hello everyone, I am looking into buying my first Airbnb and the sole driver for this choice is to be able to take depreciation of my two LTR properties against my W2. Can anyone poke a hole in this approach ? Also, w...