Old unit: Have a single family home which is, and always has been an investment property. Planning to sell; approx 350k net. New unit: 4-unit multi family in which 3 units (with existing tenants that will carry over f...
I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the communi...
I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon). Is there any creative way to avoid/reduce capital gains tax on the sale ? From what I...
Does anyone have experience exchanging their small multi family property into a single family home, use it as an investment property then move into it as a primary residence after meeting the requirements? I'm looking...
Hi, to all. I'm wondering if is necessary to have an LLC to rent a house here in San Antonio, Tx. In addition I heard that is better having one LLC for each property and one for management only. Can someone help me to...
I am creating this post to get a better understanding of the many different terms used in real estate in the hopes to further my knowledge and hopefully anyone else who comes across this site. As a newbie, many times ...
I am seeking advice/ assistance on what i step i should be doing next in route to purchasing my first multi family property. Please see my current situation below, and feel free to comment & share your thoughts/ a...
Hey gang, I’m learning, reading, listening to podcasts, meetups, etc. Initially my draw to investment real estate was buy and holds to build a legacy for our children (one of our kiddos will need finances covered for ...
Hey BP Team!Looking for some advice on how to minimize taxes in CA. Here are the facts:1. High income W-2 ($400k+) earner and would like to keep my job.2. Own 3 LTR properties all in CA under a Trust.3. My spouse and ...
I know it is a very important aspect of any successful real estate investor to have an excellent team around them. My question is: How can I build a team when I haven't made any investments yet? I know team members do...