Yan Yan
Need your advice on renting out the units ASAP
Hi BPers,I purchased a two-family in North Bergen about two months ago and got it renovated. I worked with a rental agent three weeks ago, who put the listings on Hudson and bergen county MLS, but seems to me that we ...
Otis Clayton
What is the best way to partner with someione to buy real estate?
I am looking to partner with someone and when I find them , I wanted to know what is the best strategy to partner with them? What bylaws should I consider and what business strategy should we implement?
Jonathan Bock
Do investors know what their tax rate is?
Tax and finance practitioners what % of your clients have any idea ? I find myself surprised at times
Chris Frydenlund
Buy & Live In First Flip
My wife and I want to get into flipping houses. We are thinking about buying a fixer upper that we can stay in while we remodel it.We live in Houston, TX/Galveston, TX area and have 15K in cash, so we'll need a loan t...
Jim Piety
How much do you put down?
Considering money is cheap right now, it makes sense to borrow as much as you can. However, a larger down payment reduces the monthly payment and helps increase cashflow. Plus, if you have a larger amount of equity, c...
Joseph Quarto
How do figure an exchange
Hi,Some confusion & questions about a 1031 exchange. We have a 5 unit multi-use building (commercial & rental) we live in part-time in Seattle & are thinking of selling & buying closer to the grandkid...
Jennifer F.
Investing in RE with IRA funds
Hello~
We have a dilemma and would appreciate anyone's input. We are both in our early 40's..no retirement at our place of employment where we both have been for over 20 years. Our jobs are very secure and we plan on ...
Willie Marquez
2 Mistakes Selling - 1031 Exchange & Long-Term Gains
Current and aspiring real estate investors know that real estate offers several tax advantages. From deducting depreciation to deducting interest, there are several tax advantages available to investors.
While real ...
Matthew T.
Limiting Tax liability as a flipping company
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
Jeremy Fields
Filing second year return for partnership - first year missed
My partner and I formed an LLC in 2015 and purchased a rental home. This is our only investment property and the sole reason for the LLC. In 2015 we did not issue a K1 and there was no return filed for the LLC. We fil...