Frank DiGiorgio
Taxes on Property Selloff
Hi All!I purchased a farmhouse on a 5 acre parcel in Upstate NY for $375k. I subdivided 3.5 acres, and kept the house for LTR. I sold the land for $105k and asked my lender for a partial lean release. They agreed an...
Alexander Bustos
REI Attorney
I was wondering if anyone knew any REI Attorney's in Dallas? I am wanting to make sure before I start flipping I get the proper legal advice and understand what type of entity I should setup and understand the proper ...
Ryan Taylor
Is this a guidline of all lenders...
Straight to the point...HELOC on my primary...want to use some of it to purchase a new primary...I have not drawn any of the funds and deposited in my bank account...my question is...can I not use these "untapped" fun...
Sachin Amin
Tax deduction on rental property expenses (Tax season 2021)
Hello BP community - i was looking at IRS website to see if I can deduct closing costs for all the properties i purchased in 2020
Ref: https://www.irs.gov/faqs/sale-...
FROM IRS Website-----------------------------...
Emiton Alves
Choosing bank for multifamily property in Rhode Island
Hi all,
I am in the process of choosing a bank for a multifamily property in Rhode Island. Does anyone have any recommendations as to which banks/credit unions might be best. Are there certain things that a new inves...
Glenn Himan
Any recommendations for a living trust attorney in AZ?
Hello BP family - I'm planning on creating my living trust and need some guidance & attorney recommendations. What questions should I be asking and what price range would I expect to pay for this type of service? ...
Alicia Harrington
When should you set up a Living Trust
Hey BP Members,Recently I was discussing my thoughts about real estate investing with a friend of mine and she suggested that I should set up a trust account. I don't even have a property yet so why would I set up a ...
Tae Kim
What to do with Capital Pre-Real Estate Investment
Hi guys -Wanted to get your advice and/or personal experiences on how to properly save and grow your capital prior to making your first real estate investment. As a little background on me and my current financial pos...
Travis Biziorek
How would you structure a 25+ rental portfolio?
My wife and I have just started building our rental portfolio and plan to add 25+ properties in the next 2-3 years. We're closing on our first deal this coming week and don't have an LLC setup yet. We're absolutely pu...
Asa Ifill
ISO North Alabama CPA
Hello BP,
I am in search of a CPA in the North Alabama area that can answer several questions for me related to Capital and Real Estate.
One question in particular is that I was gifted capital for a renovation on a...