I currently have a rental property for sale. I spoke to my accountant about doing a 1031 exchange. His advice was pretty simple. I can pay the known tax rate of 15% today or hope that the tax rate doesn't increase and...
Hello - My name is Derrick Carpenter and I am just getting serious about real estate investing. I started as a accidental landlord in Bentonville, AR, when I moved for a job. 3 years later, I still have the house...
I want to be a landlord,but with all the problems today such as getting sued by tenants,enviromental issues,and the list goes on.How do wealthy landlords protect their investments,and keep wealth,and from such problem...
I'm an experienced engineer, RE agent and investor. I've been sending direct mail - postcards, yellow letters - and have yet to get a property under an off-market contract after 10+ owner / seller meetings. (Sure, I'm...
Hi biggerpockets!
First off love the forum!
We are submitting an offer on a 4 unit multi family with owner
occupying 1 unit. Owner would like to create an LLC for this multi-family property as well as each MF he buy...
so, I have my heart set on wholesaling real estate, and in searching for a closing company several local companies have said they don't double escrow because they feel its unethical.
I can make the argument t...
Hello everyone,
So I will be beginning the process of setting up an LLC to transfer my first property into which I will be purchasing shortly. I was wondering (and I know that I need to speak to an attorney and an ...
Hey guys,
I understand that the decision is ultimately mine, but would it be advantageous for me to try to rent my house out by myself in Tacoma Washington, or would it be easier to get a property manager?
If so, d...
I have to decide what to do about refinancing two of my duplexes, and the banker is pressuring me to return my application, but closing costs are really hard to swallow. Here's the situation.Duplex AValue $90kLoan: $3...
Here is a current link to issues of deeds given for the cancellation of debt. While it is written for legal eagles, I suggest you read it carefully as to federal case laws cited and the issues faced in lending.
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