Shawn Dulan
Nonprofit Real Estate Investment Company ?
What’s up y’all. Shawn the Newbie here. Me and 3 of my friends have pooled money together and starting a real estate investing company. We spoke with one accountant who suggested we become a nonprofit as opposed to LL...
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
Every time we're preparing for a new administration, there's plenty of tax-related noise. The new President is going to do this, do that, yada yada yada.Unfortunately, a lot of financial and tax professionals join thi...
Jack McWatters
Mobilr park madness!!!
Guys I wanted to start off by saying I might have possibly stumbled across the most amazing slept on investing strategy in real estate. Well maybe not slept on... who knows. I actually have been eyeballing a park that...
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Mark Costa
Do you prioritize real estate over stocks?
Do any of you invest in the stock market (i.e. S&P 500) *and* real estate properties at the same time?If so, why and how do you prioritize both? (Do you invest a percentage of your cash flow into each?)Clearly the...
Rhett Z Begley
Multi-Family Syndication Help! (first one...)
BP,We've found an 8-unit with great numbers and we've got enough investors lined up to make the 30% down on the property. Now what? I'm looking for some help with what happens next, as in what will the banks be lookin...
Jack Taylor
Refi - 20 year or 30 year?
I'm in the process of refinancing my place. I have had refinanced once to get a lower rate, but I want to refi again now to get out of my PMI. My issue is that I've been in the place for 12 years now, and I feel like ...
Richard Brown
Just starting out need help and info
I have a place in Little Rock that I pay $1220 a month for the mortgage, and I still owe 25 years on it. Property Manager says I can get at least $1900 a month in rent on the open market and $1770 going Section 8 rout...
Stephan Kraus
If I buy a LLC that owns property, does the tax basis change?
Hi BP experts, Im looking to purchase a multifamily property that is owned by an LLC. For various reasons im considering buying the Business VS. buying the property, now my question is: Does the property tax assessmen...
Thomas Hart
Primary residence exemption on two properties
So the situation is my wife and I both owned houses before we got married and I believe we both would meet for two out of the last five year resident test. Can we both use 250 K exemption on our individual properties ...