Amir S.
First Flip taxation - LLC vs Corporation - dealer vs investor
I suppose I should be consulting a tax attorney but before doing that I decided to get some feed backs from other real estate experts on this forum.I had 2 real estate investments which I sold about 1-2 years ago unde...
Will Carter
Strategy...Purchasing property from family who is also my lender.
Don't know exactly what category to put this in so I'll stick it here and get my $29 worth this month maybe.Just looking for strategy advice on a purchase. I was going to the bank this week to get the ball rolling bu...
Ashley Cote
Property Purchase Timeline
What does your timeline look like when purchasing property? How early do you get pre-approved, when do you start making offers, etc?I'm looking to buy property in a little over a year, so I was just curious what your ...
Melanie Armstrong
Buying or Selling via Quit Claim Deed
Hi, Can you bypass a POS temporarily by selling or purchasing via quit claim deed? Is there something that I would need to do as a precaution as the buyer?
Kevin Van Dyke
Hopefully getting my first rental early 2018
So I found a four unit apartment building for sale nearby that I really want but I think the asking price is way too high. I’m in Radcliff KY and I found this apartment building on Zillow. The asking price is 275k b...
Han Oo
BRRRR strategy Refinancing question
Hi all,
I would like to ask about refinancing from BRRRR.
Hypothetically, I buy the house at 50k. I rehab for 20k. So, I put 70k cash in this house. Now new valuation (ARV) becomes 100k. So, when I go and refinance...
Garry Hoffmann
making 1031 exchange tax free?
I'm an agent in Utah working with a client, and if i remember right there is a way for my client to do the 1031 exchange and put it in a trust or like entity to make it so even after there passing and the children inh...
Matthew Malczewski
Partnering with your spouse
Good morning BP World! My name is Matt and I’ve been a realtor for almost 17 years. I’ve been successful for about 10 of those. I started young and dumb and didn’t put inthe work. I’m also a career firefighter for the...
Luke Schumacher
Lower cashflow for equity
Currently looking at SLC UT are for small multi family units. Prices have increased greatly over the years and rents have too...but not as dramatically. I understand the fast rules of 1-2% and 50% for calculating an...
Daley Gunter
Acquiring LLCs For My Properties And Rental Income
Hello bigger pockets family!
How many LLC's should I have to ensure I am protected and correctly set up to do proper investing?
I've heard that you need at least 1 LLC but I've also read where you could do 3 LLC's.