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Results (10000)
David Peterson Buying Properties with an LLC
1 February 2017 | 2 replies

Hey Guys, As you may know conventional financing seems to be the way people typically start buying properties. I was hoping some of you kind folks would have some other suggestions. I am wanting to treat investing as ...

Fabian Osorio Flipping homes/Rentals in the same LLC?
13 February 2018 | 7 replies

Hello Everyone!I am new to real estate investing, considering the fact that I have never actually completed a deal or actually got my, "feet wet." I know much information about rentals and setting up and LLC in regard...

Fred Moadab Trying to figure out best options
13 November 2016 | 5 replies

My wife and I have been living in our current house for the past 23 years which is fully paid for. We bought it in 93 for $300K with the taxes of $8K and now the taxes are almost $20K and the house is worth about $1M,...

Loc R. Buying a business with a SD-IRA | Profits & Taxes
5 August 2011 | 7 replies

I am trying to find answers, but they are hard to come by.

Let's imagine the following scenario:

I come across a person who wants to sell his retail store. Let's say he sells widgets.

So, my SD-Roth IRA buys the L...

David Tecchio First Rental Property Financing: Cash-out Refi vs. Conventional
15 June 2019 | 7 replies

I will be purchasing my first rental property and I own my primary home outright with no mortgage.  The property costs $210,000 and my home’s value is 465,000. I am not sure what the right way to finance this would be...

Sachin S. STR tax strategy to offset W2 when I buy land first and then build home ?
30 August 2024 | 6 replies

Hello BP STR experts, If I buy land first for constructing/manufacturing home, can I then claim bonus depreciation for such a constructed/manufactured home and use that calculated depreciation amount to offset my W2? ...

Trenton Custard Cash for 1 home or buy 4 homes with 20% down on each for 139000
19 May 2024 | 3 replies

I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cas...

Skai Bateman Capital Gains tax on former residence
4 April 2013 | 9 replies

Thanks for any advice. I know tax laws are changing right now, so I am unsure how much of a burden capital gains tax is going to be in 2013.

We are planning to sell a downtown condo that we own, that was our residenc...

Nathan Letourneau LLC filing S-Corp election for taxes
17 October 2017 | 11 replies

I've operated my business as a straight single member LLC for the last 10+ years.  This year (2016) my income  was much higher and I figured it might be useful to looking into the S-corp designation with the IRS.  Wha...

Christopher Gardino A few questions in regards to a LLC and a real estate business
5 February 2014 | 7 replies

I have read that in using a LLC, one can create personal protection against a real estate property in the case of lawsuit. Is this true in regards to a primary residence and should I be looking to purchase my first...