Marc Beaulieu
Approximate taxes paid on sale of investment property
I am trying to calculate the taxes I would have to pay on a house. I bought the house 11 years ago for 370,000 have an offer for 350,000 and owe 285,000 on the house. I lived in the house for ten years and recently pu...
Tina Lee
Turbotenant application send to me without seeing the apartment
I got an application from TurboTenant, I haven’t even meet the tenant yet not even show the apartmentIt send me all information of someone who say she is consigner of her son. Which I got email from TurboTenant ask fo...
Ravi Sivarathri
New investor : needs Advice
I am a new investor and watched regularly Bigger pockets podcast, youtube, etc. I am very interested in buying real estate but I am afraid of getting sued over by renters. I know I can start an LLC but if I am the sol...
Drew Phillips
New Investor as a Contractor
Hi all!Short backstory; I’m a licensed builder in MI and have been on my own for 1.5 years completing structural restorations, insurance claims (roofs, siding, floods, etc), and about 15 or so bathroom remodels. We ha...
Gaddiel Garza
Using Self Directed IRA with a Hard Money Loan
Hello BP!I am new to this market and wanted to know if there is anything wrong with using a Hard Money loan and cover the out of pocket with a self directed IRA account. Not sure if its allowed being that the SDI woul...
Kyle Keller
Can an LLC have access to a VA Home Loan?
Hello All!So my question is: if I am a veteran entitled to the VA Home Loan, and I own an LLC. Can I purchase an investment property with the LLC? Or must I personal expose myself and purchase the property personall...
Simcha Davidman
Partnering up / Due Diligence
I recently spoke with someone with whom I am considering partnering up, because I am looking to invest out of state, and this person lives in that area. I met him here on BP about a week ago, we had a nice 45 minute ...
Kevin Sobilo
Hiring an employee with performance based pay
My main strategy so far has been BRRRR and like many people I have been the cog that makes the machine turn. So, with that there are limits to how fast I can accomplish things. I've been pondering how to adjust my rol...
Corey Farnsworth
How does a Lender/Broker view transactions for an LLC?
Hello BP Community! I'm new to the game of real estate investing and I'm doing my best to dig deep into the resources available here to make sure I start off on the right foot! The BRRRR strategy appeals to me in the ...
Mary Jay
Each LLC (entity) files its own tax return
Hi guys,Can anybody explain to me please this...Ive heard from one RE investor, who owns about 300 properties, that his accountant files a separate tax return for each LLC/trust, etc (if I understood him correctly)......