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Say if I entered into escrow on a property, went through entitlements, and put in money to develop the project, and upon successful achievement of entitlements sold the property for a higher price than what I was in c...
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My brother and I live in California and will be partnering in investments so we want to form an LLC. We will be investing in Ohio for the time being. Which state should we form our LLC in?
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Hi, I know this is a question for a CPA and I will schedule a meeting with him, but in the meantime, I wanted to see for those of you who might already know....I have an LLC that contains 5 properties and I have been ...
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Hey everyone,I have a tenant that I pay hourly for handyman projects at all the properties I own. I was thinking for liability(him breaking tenants property or anything else that could happen) reasons about making him...
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Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...
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Greetings! My wife & I are new investors in South Florida, Martin County, we've been attending some local REI meetups here in our area & enjoying meeting many good people. We want to get in the game but want t...
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Hi all!Newbie investor here. Some questions have arose for me after doing some reading, podcast listening, and property analyzing.For those with house hacking experience (especially with FHA financing) - based on your...
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Hello everyone. Welcome to my post. I am 25 years old, single, and active duty. I bought a house knowing I can make money, AND have a place to live while I’m in the military. So far, it has been successful. It’s a sin...
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One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
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Ok, so this may be a long lead up, but I'm explaining the whole strategy here. I posted yesterday another topic asking about how cool banks are with letting your primary house sit vacant for 1 year, then using it as a...