Barri Griffiths
who pays tax and insurance?
I was hoping I could get some advice on a property I own.I'm looking to do seller financing and more specifically a wrap around mortgage. My main question is regarding the payment of the property taxes and insurance. ...
Monica Lee
Selling SF Home To Buy Miami Home
Hi bigger pockets community,I was wondering what advice you would give to my family. We have a family house worth around 2.9 million dollars in San Francisco. We are interested in moving to Miami by selling the San Fr...
Buddy Holmes
Why can't a Passive Loss carry over to off set LTCG from sale of a Passive investment
Help please in learning how passive losses can offset Cap Gains.
I watched Brandon Hall's great #45 Daily Smart Tax video but my Turbo Tax seems to have a different opinion.
Form 8582 calculates Passive loss Limitat...
Shivam Patel
LLC structure for NJ
Hey guys,I wanted to get some advice on if this structure works. It's really hard to get in touch with some lawyers/cpas in my area, so I think I am just going to file everything myself. I just want to know what every...
Gerich Fellermann
BRRRR in Oregon or Washington?
Hello all,We live in Portland OR and are selling a single-family property on the East Coast. We would like to 1031 the proceeds into a new property within driving distance of Portland and would like to slowly continu...
Ryan Stover
Another Californian to Austin, TX
Hey BP fam,I love living in San Diego. Friends, family, surfing. BUT, as I've heard "Hate Taxes? Love Texas!"1.) Could I buy a house in Austin, rent out all of the rooms except my room, and change my residence to TX? ...
Michael Shepherd
LLC collecting rent - For an out of state investor
Hello, I'm an out of state investor who lives in CA and invests in MI. My current entity structure is that I have a WY LLC as my Mother company and a MI LLC as my real estate holding holding company in MI. However I h...
Miriam Velazquez
California Prop 19 and primary residency length of time
Hello everyone. My husband's mom wants to transfer her house in California to him. With Prop 19, this will trigger a re-evaluation of the property unless my husband makes the property his primary residence. We are wil...
Dennis Nikolaev
timing to form an LLC
I'm about to buy an STR (Airbnb) just outside San Diego. I believe it is a good idea to set up an LLC for that property (as there are many people going through, slip&falls may happen more often).If I plan to close...
Brian Armstrong
LLC in which state for out of state investor
For tax purposes, is it better to open an LLC in the state I’m investing in (Florida) or the state I live in (California)? I’m finding some lenders want an LLC to lend to. Is there any benefit to my liability to have ...