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Hello BP,After a few years of "Analysis Paralysis", I finally have my first property under contract with a closing date in May. The house is a 3bd/2bth SFR (unit 1) with a separate 2bd/1bth house (unit 2) behind it on...
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I came across a great deal that’s bank owned and wants a cash deal. I have plenty of equity but not enough time to get it these days.(corona) My partner wants 20% after 6 months. I’ve never used private money before. ...
Hi Members from BiggerPockets
I have an investment property in Maryland and I'm planning to transfer the deed to a LLC I own. I need to know if I will pay any tax by doing so. Please let me know.
Thanks
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From the instructions for Schedule E, was confused about this line:Do not count as personal use:• Any day you spent working substantially full time repairing and maintaining the unit, even if family membersused it for...
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I’am from flint Michigan I’m trying to house hack I have a above average but not a excellent credit score I’m going to house hack for my first investment property, my question is, what banks or credit union around my ...
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My Cousin and I have LLC in California, and under the LLC we have a parcel of land. We registered the LLC in California and our CPA is in California as well. Both of us are not U.S. citizens or Greencard holders.Due t...
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How do I start using yellow letters going door to door? And when I get bandit signs what neighborhood or area do I put them for the most attention?
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I am thinking selling our out of state Triplex and buying a vacation rental in Big Bear lake, California, which It would be much closer home to us, but ..anyone has any suggestions or advice on vacation rentals in ...
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I have the opportunity to acquire a property from three heirs, one at a time, via quitclaim deed. This may be the only way to make the deal happen. If I did this, what would be the possible issues down the line con...
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So I like to learn by example. If I dont need to go through it just by asking a question and learning. Thats shows better to me. So as a new investor what things should I be watching out for. Any road blocks or th...