Cheryl Dwyer
Wholesaling - Fees collected in your name or company?
I am new to wholesaling & starting my business, I fully intend to form a LLC for my real estate business which will include a rehab eventually. I know each deal will be different but until you have formed the LL...
Bryan M.
Looking at new deal, looking for input
Hi Guys,
I havent posted in awhile so it is nice to be back. Anyway I am currently analyzing a property I am interested in and it looks attractive at the right price. It is a 12 unit mixed building with 9 unit rent...
Steve N.
Looking at buying a 2nd house
Hello everyone,I am looking at purchasing a second home. Not sure if I would rent it out or just flip it. I just recently refinanced my own home to get a lower interest rate, I closed at the end of January. I found a ...
Lawrence Barnes
18 Unit Apt Complex in Distress
Hi Bigger Pockets Family!A investor friend of mine, purchased a 18 unit apt building under lease option with no money down. There are two mortgages that he assumed that total 5500 per month. Each unit is renting for a...
Zhenyang Jin
Turbotax: City Transfer Tax when depreciation
Hi Real Estate Veteran,I am using turbotax to calculate depreciable basis for my rental property. After evaluating my situation, I need to add the cost of City Transfer Tax into depreciable basis. However, I don't kn...
Tommy Lewis
Alabama New Tax Lien Auctions Exclusive Possession? Tax Deed?
Thanks for your help in advanced. I have a few questions about this new system as it seems changes are pretty big. When you win a tax lien auction does the 3 year administrative and judicial clock start concurrently? ...
Nicole Williams
Real property data search
I am a newbie looking for some direction on the best way to find real property databases to look up properties, so that I can pull together comps and find absentee owners. I method I'm using has me feeling like I'm wa...
Steven Betz
Out of State Partnership Questions
Myself and my partner both live in New York. We are looking to purchase a property, in atlantic city New Jersey. We would like to use an LLC for our partnership, do we need a lawyer in New York or New Jersey or wou...
Sue Jing
Question Coporate structure
Hi all, Have a question regarding how to setup the asset protection. From what I have read, LLC seems to be the best choice. But ]I also read about the trust and LP, so i am bit confused as to how to structure it. If ...
Laura Epstein
accounting
does anyone have a good spread sheet they use to keep their books for their rental properties?