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If I am partnering with someone to establish an LLC there are several tax questions we have as far as if we should provide some income towards ourselves on a monthly or yearly basis. Is there anyone that is an account...
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Hello,Is it possible to get an inspection done after winning the auction, if something wrong comes in can i back out?The property is in auction.com (bank owned).
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Hi all!My name is Robert Greene, I'm soon to be separated from the military, and now reside in DC as a DOD contractor. I'm looking to get started in RE investing with one solid cash flow property so I can roll that in...
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I'm guessing the answer is no due to dissimilar properties and the land contract has been in place and recorded for almost a year as well, but doesn't hurt to ask. Saves me ton of cash if I can.
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Hello BP community, My name is Christian Barra and I have a nice BRRR poject. I bought a property on cash, repaired it successfully and rented it for 7 months now. At this point, I want to refinance it to get my funds...
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Hypothetical: I live in California, I have an LLC in Wyoming, and I buy long-term rental properties under that LLC in Utah.Which state collects income tax on the cash flow?If I were to sell a property, which state c...
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Hello BP Community,
I live in the Bay Area, CA and own a couple of rental properties. A couple of years back I bought a 0.5 acre land with cash for Multi-family construction. At this point in time, I am trying to fig...
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Hello,I've got PMI on my primary residence that I want to get removed due to natural appreciation and home improvements we've made. I've already gotten in touch with my lender to find out how this would be done. They ...
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I put 100K down on the 500K house. I sold the house for 700K. My proceeds are 300K (rough numbers here), but 100K of it is my original down payment. Am I over the 250K capital gains exclusion as a non married guy? I d...
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I have one small rental property managed being managed by the same company that manages the HOA where my property is located. I have just been served for nonpayment of HOA dues. A lien has been placed on the propert...