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Hello BP colleaguesI live in Southern California and from what I hear series LLCs are not recognized by the state of CA. I’ve also read (various sources) that it’s a good idea to create a separate LLC for each investm...
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I am in Indiana, as some of you may know. As far as I can tell, it is not possible to offer rent credits on a Rent - To - Own house and still cover my assets should the buyer act a fool.creative mind that i am, i am w...
I had several rental properties that had accumulated passive losses. I started a LLC with my wife (2010) but those previous losses were not carried over at the start of the LLC. My accountant at the time said they can...
I'm wondering if there are any tax implications for "selling" a property to my spouse and want to verify if there is a certain order I need to do accomplish things in to make sure it goes smoothly.I have 20 rental pro...
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I recently came across a deal on a duplex that has awesome numbers. Come to find out, the owners are actually selling a package of duplexes: 3 others for a total of 8 doors. I thought it was a single duplex at first a...
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I purchased a home in Lawndale, California 90260, a couple months back. It already has a fully permitted ADU attached to the back of the house. It does not have a separate meter for gas, electricity, or water. I in...
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Hey Everyone!My partners and I built a rental property for $350,000 and have an opportunity to sell it for close to $750,000+ based on comps in the surrounding area for the last month. Construction started in February...
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Hello, I am a local Realtor and I need some advice. I am going to look at a home that is in Buckhead Atlanta and is currently divided into 4 units but is a single-family home. Rentals are below market, 3/2 $1700, 2/1$...
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I'm looking at a property due for auction sale in IL. A few weeks after the Lis Pendens was filed by the lender, the homeowner executed a quit claim deed to transfer ownership of the property to another person residen...
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This is my 1st time reaching out to anyone. I'm eager to get in real estate. Literally just started listening to bigger pockets last week, which got me motivated. I have a ? about aquiring money for my real estate st...