I’m trying to do a general search for small to medium size (~10 doors) multi unit properties in my city (Wilmington, NC) that are not listed or even offered for sale at the moment so I can just do some research before...
Hey every one. My name is T Jay Maclaskey. My wife and I bought a 40 acre property we lived on and based an Ice Sculpting and wedding venue business from for 20+ years. The city has moved our way and we are selling...
So, it begins.A wholesaler on youtube, states that a close friend of his inadvertently has gotten wrapped up in a very serious investigation. It appears he wholesaled a property that someone had forged ownership on. O...
Question about capital gains. I purchased a lot in August of 2022. We put well, electric and septic on it in 2023 and now in 2024 we are putting a manufactured home on it. This will be my primary residence but I may w...
I always thought it would be great if I could take out what I have saved in my 401k and pension plan through my employer and use the proceeds to pay off all my mortgage debt on my investment properties now, as I look ...
My parents have owned a home in Minneapolis for 20+ years and the mortgage has been paid off for a few years now. For the past few years, my partner and best friend and I have been renting out this home and paying ren...
Hey gang, novice investor here looking to gain some wisdom.
As I understand it, Tax Liens pretty much take priority over ALL other liens a property may have against it EXCEPT for IRS liens. My question is, how do yo...
I'm doing some estate planning. My kids are in horror of inheriting and managing our real estate portfolio that includes multiple 1031 exchanges. These exchanges have almost no cost basis so they face substantial st...
Hi everyone,
I don't know if this question has been addressed before (my apologies if it has since I couldn't find the right thread). I'm thinking of deeding our rental properties into an LLC (our lawyer suggested Ge...
Hello Biggerpocket members,I am living in Portage, MI. I have been working with a CPA for tax report. I have two LLCs, but based on the CPA suggestion, I am thinking to change one LLC to S-corp in an attempt to reduce...