Hi everyone,
Good morning!
We are transferring a rental unit from one LLC to another LLC.  Both LLCs are s corporations and incorporated in maryland and are owned by the same members (entity).
Questions:
When we t...

Hello Bigger Pockets friends, I have a unique situation I've been mulling over for some time now and decision-making time is coming soon. So I purchased a home with an FHA loan, I've lived here for the required year a...

So after a recent call w our amazing accountant he said something that hit me hard.  he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...

I've been modeling out tons of deals over the past month and refining my model (I'm a newbie and have made a couple offers, but nothing that has stuck yet - fingers crossed on one I'm negotiating price with now). I ha...

NO POLITICAL STATEMENTS!President Trump's tax returns were subpoenad and then released to the public. What do they show? According to the LA Times, Trump is a "real big loser" because his properties all show losses an...

Help:
Trying to reduce Capital Gains exposure!!!!!!!!!

I purchased a Townhome condo in a Beach resort in 2001. It was never rented. I have been living full time in this property for more than 2 years-my wife ...

Is it possible to reinvest the funds from a 1031 into a refi on your primary residence and still avoid capital gains taxes?

Hello BP community, I am in need of advice on whether to keep or sell a condo (2 bed, 2 bath) in LA (Frogtown/Elysian Valley) that I purchased in 2017.  Complex was built in 2017 so no rent control. Purchased $480,000...

Hey so decided to jump start my RE Entrepreneur Lifestyle, and go 100% in. I was curious on what the benefits of a private seller of a home would gain from doing business with me vs selling the traditional way dealing...

I'm looking to make my first deal, but don't know if I want to go with this one. It is $20k out of pocket with $5,148 of cash-flow a year and $2k of capital gains. I only have $50k to invest and am putting aside $8...