Hey folks! An older friend of mine would like to liquidate his four properties but he would like to avoid paying capital gains tax. I suggested that he and I form a LLC and slowly transfer his properties to our LLC. A...
Hi all,I am hoping to get some clarification on how you can structure a Series LLC as a holding company that owns traditional LLCs within it. I understand a Series LLC provides the option for multiples "cells" that ea...
Hello,
I'm Starting A Real Estate Business With A Friend, And It Will Be Member Managed. The Entire Business Will Be Rental Incomes. I Know That This Type Of Income Is Not Subject To Fica. Can We Avoid Fic...
I live in California but am trying to do deals in Pennsylvania, Maryland, Florida and in Georgia.
Do I need to have an LLC in each state or can I create an LLC here in California and be good to do deals across the U...
As a new member who has a ton of questions, I want to ask a new question everyday to get some feedback from real folks. I'm reading a ton of material but I feel like the BP community could offer significant insigh...
I'm considering wholesaling a 10 unit Mobile Home park. Four spaces/units currently rented, three ready for rent and three need renovation to make rentable. Total expenses per month according to the owner are about $...
I am looking to expand into Indianapolis SF/MF market and looking to talk to the top 3 Property Managers. Since I will investing remotely and I am really new to the Indy market, I would greatly appreciate if any exist...
Hello BP community! I am trying to gain more knowledge and experience with understanding and predicting the real estate market. More specifically, how National and global issues affect the housing market positively an...
Hey Guys! I moved to Atlanta about a year ago and am looking to purchase my first rental home in the next few months so I can house hack it. What are some C+, B areas that I should look in? I am looking for a property...
How soon can I use the appraised value of a property that was purchased for cash instead of the purchase price? I've been told that I can use the appraised value after 12 months of ownership. Otherwise, any loan I'l...