Hi guys, wanted to know some thoughts on raising cash for a down payment for a rental by refinancing my primary residence. This is a strategy that is not discussed often compared to using HELOC. Is it because of tax t...

I'm looking at purchasing some sfr or small multi families in the western New York area. Does anyone know the income tax rate an LLC would pay in New York State? Besides being able to write off expenses, and deprecia...

Hi there. My partner and I are new to investing and we found a "buy and hold" property in Minnesota and are buying it cash 50/50 each. Can we buy it under two LLCs? Or should we just use one? We want to buy the house ...

First post, first possible deal, and I would love any insights. I'm in Minneapolis, where RE isn't cheap, but the market is still very workable.  My plan is to fix and flip on this one. My cousin and his wife are desi...

Good evening! Both of my parents recently passed away and left me a property in San Diego, California. We are currently in probate, and I'm debating on what to do with the property. the loss of my parents and the gain...

Ok, I've gotten one flip under my belt. We closed in 2017, I've already talked to a CPA regarding taxes and he suggested I roll the income and expenses into the same tax year. I've been reading quite a bit about how I...

I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...

Hello BP community! What are your thoughts on using your own name, or nicknames in your LLC company name? I've heard mixed responses. 

Under current tax law, your building is set to depreciate over 27.5 or 39 years. But many assets like lighting, carpeting and cabinetry depreciate much faster than that.

Which means you shouldn’t have to wait all t...

Can't believe I haven't seen this posted before, as it's huge news! "You want tax reform? I got your tax reform right here:"https://www.washingtonpost.com/realestate/republic...If true, let me be the first to sarcasti...