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I am a licensed Realtor in Colorado and own a few rental properties Colorado and Tulsa, OK (recently started out of area investing). I am considering starting a wholesale business, not necessarily focused in Colorado,...
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Hi everyone,
I'm married, with two kids, 11 and 13. My wife and I both work full time, and want to continue working. We earn more than the IRS limit and can't take advantage of the $25k write off for passive income l...
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transferring one investment property into a newly created LLC, this is for liability and perhaps some tax advantages, my issue is I am having trouble finding the CPA resource that can help me to achieve this. I get ma...
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Hello
I am looking to purchase a property on auction.com as an owner occupant to take advantage of the first look option.
My question is regarding financing. Can you use conventional financing to do so? I have 20% ...
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Yes. I'm new. Please excuse my ignorance. Do you purchase properties under a business name or personal purchase? Wondering what the advantage and disadvantage os to both. 😄
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I'm buying rental properties in NC. I was wondering if there is a preferred way to run them. Weather it be by llc each one? Keeping them in your name? Tax reasons as well . Any pros and cons would be greatly appreciat...
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Hello, While my description says I’m from St. Louis in all reality I live 20 minutes from downtown on the Illinois side of he river. I’ve grown up here and know this side of the river very well. The book I just starte...
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Ok I had to dissolve an S-corp and opened as a single member LLC due to the loss of a partner. In the interim I bought a property. I am closing on it next week. I had to buy it in my personal name, which is fine, beca...
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Hello BP! I have been on the site for a bit but have not been too active besides an introduction and some forum posts. I’m proud to announce I closed my first deal on 12/21/2017! A spacious 2/1.5 condo in a great loca...
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Hey BPers!I'm a fairly new RE agent (almost 1 year) and also new to REI. I hope you can help me in my understanding. I've read other BP posts on the advantages of having a RE license in buying investment properties. B...