Roger Laughary
S Corp Instead of LLC for Rentals?
I searched for detailed information regarding this before posting, but was hoping for some more distinct answers. I have 8 units right now in Kansas under one LLC and have a W-2 job. I also have several friends (some ...
Ryan Lowe
Tax Strategies for High Income Professional
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.
Marcus Auerbach
Thank God I had an LLC!! - Said no one ever!?
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
Chad Bourque
1st STR Under Contract -- Direction Please?
Hi all,Our offer was just accepted for a condo on the beach in Miramar Beach, FL! This is our first foray into REI aside from our primary home (which while it technically is, I guess, I don't really consider REI). My ...
Kyle Deutschmann
Who is your go-to title company for 'subject-to' deals?
Hey BP community, For anyone who has done a subject-to deal in central MD... who is your go-to title company for this type of transaction? Also, has anyone had any issues with lenders calling these loans due on sale? ...
Scott Blackwill
Tax Deferment as an LP investor on Multi-Family Syndication
I understand you can defer taxes on SFH through a 1031 exchange, but what about tax deferment as an LP of a syndication? It's my understanding you'll have some paper losses due to depreciation that you can push to fo...
Shiloh Lundahl
What are your MOST CREATIVE WAYS of getting BANK FINANCING?
As many of us have come to find out in real estate investing, our ability to grow a real estate portfolio is highly dependent upon our ability to leverage our money. Or, in other words, use others people’s money to ma...
Vince Light
Some help trying to wrap my head around 1031 with boot involved
Hello everyone!I am looking for some help trying to wrap my head around the complexities (to me, anyway) of a partial 1031 with boot being pulled out. Here is the situation...Currently close to closing on the sale of...
Sung Park
Newbie with 1031 questions
Hi all - I live in LA, but I have a condo in Seattle that I've been renting for a number of years (I have good equity in it but the rent only covers the remaining mortgage, HOA and property management) I'm thinking of...
AP Horvath
Valuation on CRE as cash business without tax returns?
When you are looking at a Mom & Pop deal like self-storage or self-service carwash -- and the seller absolutely refuses to provide financial statements or tax returns -- because they have been running this as a ca...