Jake Paul
I co own - should he gift me the prop? To avoid capital gains
My brother and I plan on selling our property that only I have been living in for 2 years (I pay him $600/mo for rent. My brother lives in his primary). On title, He owns 25% and I own 75%. For him to avoid capital ga...
Yusef Griffin
A CPA/ Tax Professional for a New Investor
I live in Southern California and am moving to Tallahassee next summer. I am finally closing on my first rental property in North Little Rock this week. I have heard time and time again that it is wise to have a good ...
Ender Aslangeciner
Where should I create my LLC if I live in FL and the real estate is in GA?
Hello, I have a question, which I can't seam to find the right answers in my google search. I live in FL and like to inquire a real estate in GA under a LLC...should I create a domestic GA LLC or should I create a out...
Jon DeCamp
Wholesale Property Beginning a Tax Lien Certificate Foreclosure
The following are questions I have in relation to potentially putting a contract on a property to wholesale a deal:I came across a property the owners of which received a Summons & Complaint for the purpose of fo...
Michael Fyvie
Employer taxes for Property management?
Does anyone know if a landlord who hires a property management company is supposed to pay Employer taxes for the Property management services?
Marysue Connelly
recommended cash on cash return on a rental purchase
I recently listened to a webinar and heard Brandon say he would not buy a rental unless it made 12% cash on cash. I'm hoping Brandon or someone else can clarify if that is before or after tax. Does that include pri...
Stephanie Harley
What would you do-Asset advice
Hello,
Just discovered bigger pockets and excited about investing and looking for financial advice.
-purchased home 2016 $0 down 3.75%
-with mortgage plus monthly costs, it currently rents with a cash flow of $850 ...
Saphira Andre
Forming LLC
Hello,
Please help me with these questions. I would appreciate inputs from New jersey investors, CPAs and so forth. I have not done any deals. I want to start very soon, but I don't want my name to appear ...
Derrick E.
Need Help: Should I start an LLC?
Yes, I used the search feature and read countless posts from previous people asking similar questions, but nothing that related to my situation.On Tuesday I will be closing on my 5th house. All are owned 100% free and...
Tim Kersting
Negative net worth, deep in debt, struggling business...
hello all,I'm looking for some advice.... Why else would I be starting such a threat... LOL.Basically, as the subject line indicates, my business is not producing as much as it needs to financially. For the last five...