Hey BP,I've read a bunch of posts, and listened to a few podcasts relating to whether or not you should form an LLC for a property.  There are arguments on both sides, and I'm still leaning towards creating one.  I gu...

I recently talked with a lot of people and they told me i don't really need citizenship to start investing in the U.S?  So I'm wondering is it really possible cause if I invest there I need to live there and I even ne...

Hello,

What is the difference between the two or are they treated the same by the IRS? I keep getting different answers and I just wondering if someone could clarify.

Thanks,

Lauren :lol:

Hey BP,

Could someone give me a run down of how 1031 exchanges work? I understand that the benefit is you do not have to pay capital gains tax, but how does it work exactly? Any feedback would be great.
Thanks,
Tom

Let’s look at the great tax advantages of investing in multifamily real estate. These benefits fall into five main categories – Depreciation, Cost-Segregation, Passive Income Tax Treatment, 1031 Like-Kind Exchanges, a...

I posted this in wholesaling but I didn't realized this section was here...Anyone heard of or have any feedback on REI Game Changers, James Hodges program?

Long story short. Very good REI friend has a neighbor whom claims to have OCD. This person now receives SSDI and has access to a slew of FREE esq's because of this disability. After some research it has been found ...

Hello members,I’d like to describe my scenario and questions I have about getting started with my first rental and entity. I understand that I need to advise a lawyer, working on an understanding and plan here first.I...

I already own a single-family house that I reside in. Now, I am planning in buying investment properties in Sioux Falls area - wondering if single-family is better than duplex or triplex property on its return and ren...

I work a W2 job and pay a lot of taxes. If I purchase an investment property with an LLC can I still take advantage of the STR bonus depreciation?   or do I need to purchase in my personal name in order to take advant...