Emeric Harney
New Member & First Question
Hi there BP Community! My name is Emeric and I'm 30 years old, living in rural Connecticut. I discovered Bigger Pockets through listening to a couple of podcast episodes and now am starting to browse the forums to get...
Mike Gasper
How should I strucure the sale of 15 single family homes?
Hi Everyone, I'm new here. Would love to hear others ideas. I have about 15 single family homes I want to sell (they have equity) and I want to 1031 into some land and then do some construction to the land. I can purc...
Matt Dines
Tax basis help on $3M California residence inherited b/w trusts!
Hi Forum,I have a complicated tax situation and am looking for general guidance or a referral to a real estate accountant in California who can help answer.Facts:The property is a California residence appraised at $3M...
Steve S.
Hiring friends to do work on rentals and taxes
What happens if you don't 1099 them?If it's under $600 for the year, it's not required right?Can I still expense it or does that create some issue?Same question for the people you pay to mow the lawn. I've asked them...
Tony Castronovo
What’s wrong with flat roofs?
Why do many investors steer away from flat roof properties? I had a lender suggest that flat roof = older property....meaning no better than a 20-year amortization. Is this a legitimate expectation?
Peter J
Buying on Contract
Can I have the nuts and bolts of buying on contract explained to me? If so, please explain in simple terms as I am a newbie.
I do appreciate the help and time!
Thanks
Antonio Bodley
When using lease options with the seller.........
Would I have to come out my own pocket? I never done lease options before. Once I sign the lease option agreement with the seller and find a tenant to put in the home then have the tenant to sign their lease agree...
Omair Q.
Turn key experience buy and hold (out of state)
Hello everyone,
I'm new to REI and to BiggerPockets. I'm starting to educate myself how real estate investing works, what the terms are, what to look for, etc. I have a demanding full time job in Long Island, NY. I'v...
Mike Nelson
Forming a business structure WITHOUT an attorney.... yeah I said it
Alright I think I just opened a can of worms here, but seriously, Id like to hear from the people who don't think you need an attorney when forming an LLC for example. I can see where the advice of an attorney would ...
Robert Steele
Collin County Tax Protest Informal Review
A heads up for anyone going to McKinney to talk to the appraisers concerning your tax notice. They are in rare form this year, really trying to screw residents out of every last penny they can.They are using comps fro...