Crystal Wilson
Do I need to sue my wholesaler?
About 8 months ago I met a wholesaler. I had 25k in a HELOC. He showed me a house to buy in the suburbs of Denver to try and do my first fix and flip. My dad was going to co sign that's the only way I could get the pl...
Robert Carlson
The Best Starting Real Estate Investment Business Structure?
Please share good and bad lessons learned about setting up an optimal business structure to buy a first rental property but be ready to scale to 5, 10, 20, and more in multiple states. What would you recommend? Those ...
Michael Lamb
Setting Up LLC
I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...
Megan Elliott
1031 Exchange on a New Construction
Hello! I was wondering how the timeline would work if you used a 1031 exchange to purchase a new construction. I am assuming the house would need to be complete and closed on within the 180 days, but I figured I woul...
Peter Schuyler
Buying house for Child to help with In State Tuition Costs
My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...
Nathan W.
Tax Implications of Crowdfunding
Crowdfunding has me really excited. The ability to invest small amounts of money in a lot of different deals is appealing.
Does anyone understand the tax implications of these deals? For example, I live in Te...
Dominique Stevens
Wholesaling not allowed in California?
Good Morning!
I am a newbie investor and new to the Bigger Pockets community. What a wonderful site!
I have a real estate license and have been in real estate finance for several years, helping others t...
James W.
Hi, new slumlord here. General advice request.
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Ray Slack
Property Sold at Tax Sale Baltimore City
@Ned Carey I have a question about a property that I own and forgot to pay the Taxes in Baltimore City. I have owned a rental property in Baltimore city for a few years.. This past May 2018 I forgot to pay the taxes ...
Vincent Phan
renting out current primary resident - tax incentive
Hi all,
Do anyone know if there's tax incentive when it comes to renting out your primary resident? We lived in for 3 years and already done all the remodeling. Now we need to upgrade to bigger house due to growing f...