Jacob Kurian
Property Tax Increase
Hi, I'm a new investor. We purchased a new build home in San Antonio last year. Our Bank has informed us the taxes for the first year were on the land only, but now it will be on the home as well as land for this curr...
Jon Smorol
Potential deal, could use a second (or 29 set of eyes on it)
I'm looking at a property that is owned by an out of state couple, it was a rental that has just been abused recently. Great neighborhood, easily the worst house on a nice street. Needs all new flooring, a easy layout...
John Stanley
Legal/tax structure: buying outside the US
Hi everyone,I'm a US citizen living in Germany (with local residency). I'm looking at buying an investment property and need to decide whether to do it as a US or German company. Does anyone have insight into the pros...
David B.
Marketing to Tax Delinquent Properties
Hello BP,I wanted to see what kind of experience people have had marketing to tax delinquent properties using lists from sites like Listsource/AgentPro VS direct lists from the county.I understand the list direct from...
Kurt Pourbaix
Tax treatment - Lending for a fix and flip
We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...
Benjamin Swicegood
Renting my house out to buy another house.
Hi BP question... If I am currently renting out half of my downstairs in my home and thinking about renting the rest of house approx 1400 sq. feet would I be able to use that money to help finance another house. In ot...
JL C.
Husband and wife LLC: member-managed vs. manager-managed
We (husband and wife) are about to acquire rental property and form our first LLC. From an asset protection perspective and a tax perspective, what are the advantages and disadvantages of choosing a member-managed vs....
Erik Williams
Should/Can I transfer my Multi-Family property in an LLC
I am currently under contract to buy my first Multi-Family (4plex) property and actively looking for my second property. Because of 1031 exchange rules, I have to make the purchase of the property under my own name, ...
Aman A.
LLC in which state and tax return complications
Hello everyone,I live in Washington state and have a few rental properties in Alabama. I want to open a LLC for any future buy and hold deals and keep the properties in an LLC. The LLC will be owned by myself and my w...
Mathieu Roegiers
Transferring property from one LLC to another // Commercial rates
Hi all,
I have an LLC in NY with one apartment. I have, with my brothers, created a new LLC and signed for a second apartment. We are trying to close since March, but due to covid 19, we are still waiting for the Ta...