New investor here. What's the best way to save and organize digital receipts and to snapshot paper receipts? is there a good phone app? or software to use? TIA
Hi all,
I believe it is common to have a situation where one spouse brings in majority of the W2 income and the other is either a stay-at-home parent, works part time, etc. and they can easily qualify as an RE profes...
Hi All,I’m selling stocks (selling around $500k , around 50% of it is long term gain) to invest in a property. I’m already in high tax bracket ($350k income) . I’m selling mostly long term capital gains but I need to ...
I have an opportunity to co-sign on a home refinance loan and in return, take 50% equity in a SFR in California. Currently, the Title is in the name of the current homeowner, who is having difficulty making her curren...
Hello, I am married and planning to purchase my Personal Residence in California under single member LLC. What about the 121 exemption if I purchase it under single member LLC?
Hi BiggerPockets Community,
I'm actively working on structuring a few real estate deals and am in the process of revising my old funding packets for potential lenders, encompassing both conventional and private sourc...
I have a CA resi wholesale deal. Need to go to contract and don't have an entity set up. I want to avoid the 800 extortion fee since this is just a single deal and I'm not regularly operating in CA. I'm a CA resident ...
Hi. I’m wondering if it’s possible for a married couple to do this: 1- for spouse A to hold title to an investment property (in CA) as “sole and separate”. 2- for that property to *automatically* be transferred/inheri...
I have rental properties in California. I want to better protect myself and have an LLC. I heard that having an LLC in Nevada or Wyoming offer max protection. Is it true? Even though I reside in CA?