Earlier this year, the IRS issued guidance extending the time periods for individuals currently in a 1031 Exchange due to the Coronavirus pandemic. IRS Notice 2020-23 provides that those performing time-sensitive acti...
This is my first post. I'm just looking for some guidance.. I'm looking for my first SFH or duplex to start out on my journey into LTR. I'm in the process of being approved for a loan now.. I guess my next step is...
Hello everyone,
I'm currently diving into the world of medium-term rentals in the Bay Area and seeking guidance from seasoned professionals or mentors who can offer insights and advice as I embark on this journey. In...
I think this is the right forum for this question. If anyone in this group has experience with forming long term partnerships with other wholesalers that you get into business with via an llc please reach out to me. C...
Hi BP Community, First post - feels like I have been listening to the podcast and reading the forum for an eternity!I am hoping someone could give me some guidance on forming a LLC. I am about to close on a multifamil...
Hello everyone! I’ve been very quiet on BP over the last couple of years because I’ve been focused on saving money for the purpose of REI. I would like to start off by saying I apologize if this question has been answ...
Hello BiggerPockets Community!I have been investing my attention to the resources of real estate investing since summer 2019 when I graduated from Dartmouth College with a bachelors in electrical engineering. I got a ...
Seeking guidance regarding a property in terms of rent vs sell. Current market value is $900,000, purchase price was $880,000 2 years ago. After selling with fee's, take away would be $855K (900k-45K). All in costs ar...
BP community,I need some guidance on SDIRA regulations. I am looking at a single family house hack currently and planning to fix and flip within the next 6 months. While running my numbers on the property, I think it ...
We are currently renting a building for business operations. The building is for sale and we plan to purchase. We have outside investors who are willing to invest. Would it be a good idea to give them equity in the en...