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Results (10000)
Grace Wang Recommendations for 1031 exchange facilitator in Seattle, WA Area
2 July 2017 | 7 replies

Hi allI am looking into have a reverse 1031 exchange. Any recommendations for a exchange facilitator? Your input is much appreciated. Grace

Amy Xu Short term vs long term asset capital gain taxes
8 April 2018 | 0 replies

Hello BPers,I know that short term assets are considered assets held for under a year and long term assets are considered assets held over a year.I have a duplex that I am considering selling. Originally I was living ...

K W Do I need a DBA or LLC?
12 January 2016 | 11 replies

Looking to buy my first 4-plex. Do I really need a DBA, or since it's residential property can I just keep good records and have everything in my own name?

What if I buy the property in my name, and then get a DBA to...

Tamara Miller Buyer let contract lapse
1 April 2021 | 3 replies

I have signed 3 extensions on this contract because the lender is taking so long to approve the buyer. I have been in direct contact with the lender for about a week now, and they only say “we have no control over how...

Dave S. 100% seller financing, where is the downpayment kept?
13 September 2016 | 5 replies

I'm looking to purchase a few units with 100% seller financing. The deal is that once the principle hits the necessary 20%, that I would refi out. My question is where should the downpayment be kept till then? Should ...

Stephanie Zito 1031 Exchange
11 November 2014 | 12 replies

Hi I am newbie and wanted to find out if you sell a residential property that is titled under an LLC can you use the 1031 exchange for capitol gains exemptions?Kind Regards,Stephanie

Michael Seutin I bought property cash, can banks finance rehabs, how?
20 August 2011 | 1 reply

I bought this property for 11k, needs about 15k of rehab. I hold property under LLC. Property should appraise around 30k after repairs. First bank I called gave me a hard time because it's held under an LLC. Which...

Mauricio Hernández Holding your rehabbed property for a year
15 November 2013 | 9 replies

Would it be wised to hold your just remodeled flip for a year to qualify for 1031 what do u think are the pros and cons?

Chris Masons Question on Trust Vs LLC
15 December 2011 | 8 replies

Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.

I guess thi...

Frederick Hawkins Tax Question - Passive Real Estate Investment Income
13 July 2023 | 6 replies

Hey BP,Looking at starting an LLC to manage future investment properties.  Anyone have experience operating an LLC and not having to pay self-employment taxes?  Here's my understanding of the IRS code on this question...