Danny Nikolai
Three questions for my first 1031!
Hey BP community, I'm hoping to 1031 a property from California into a state with no income tax, and am planning on relocating most of my estate into this new state over time. I have three questions about completing t...
Sam Tright
What strategies are you using to minimize taxes?
Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of ...
Crystal S.
Buying properties in multiple states where is LLC best registered
Hello,I am new to real estate investing, I have been looking into registering my LLC and putting properties under it. My question is if I am buying multiple properties around the country to build my portfolio where sh...
Account Closed
How are investors preparing for SALT cap of $10,000 now
The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
Leslie Davis
How should I invest?! I need advice!
Hello BP, I am looking for advice!. I am about to sell my rental property and will make about $160k. My question is, how would you invest that money? The rental income was $6,500/year. I want something that will make ...
Nicholas Sambrick
Moving funds from 1 company to another
I own a partnership Llc and I want to buy a small apartment building with some of the profit. So as to keep my real estate protected and separate, I want to start a separate s Corp entity. How can I use the profits ge...
Shad Atkinson
Investor from Western Colorado
I am no longer a skeptic after completing a couple of deals. I am building my net worth and now I'm doing it full time by being cautiously frugal. I'm living in the first house I bought through a public trustee auct...
Michael Voltner
Boarded up vacant house not yet on the market..
Hello All,
I am fairly new to all this. I recently closed and rented out my first property last month. I turns out it was a great investment giving me more than a $500 a month cash flow. It does help I have a builde...
Mark Greathouse
Cap Ex and other Expenses
When getting your first deal (lets call is a BRRRR). When should you start putting money away for the CAP EX and other expenditures? It seems like it is a dedication from rental cost, but what if reno’s are taking lon...
Ryan Murphy
Business Expense - Replacing an AC System
My wife and I are currently building a new house to become our primary residence, and then we'll then use our current primary residence as a rental property. However, I just found out that our current residence probab...