Hi, I have a question regarding the 1031 Tax Exchange and if my parents are able to use it or not. My parents own two houses in Washington State and are looking to get rid of one of the houses. It has about 10k left o...
Hello BP community, I am very new to the world of real estate (and I mean VERY new) Like a lot of others I’m not super rich so I don’t have a lot of money to just throw at properties. There is one thig that has been o...
Hi all, I'm currently conducting research for a novel in which the main character is pursuing financial independence. I'm writing a scene right now in which he's sitting down with a loan officer to get pre-qualified f...
I live in California but am trying to do deals in Pennsylvania, Maryland, Florida and in Georgia.
Do I need to have an LLC in each state or can I create an LLC here in California and be good to do deals across the U...
I have an interested party to buy my home. We found them directly, they want to purchase the home. Elderly buyers, excited, , went to the closest realtor, and broker to give us a contract (they were afraid to leav...
I just bought a property in Columbus, Ohio through an online auction. I'm an out of state investor. Today I had a bit of a situation which I'm trying to wrap my head around. I sent a locksmith to replace a lockbox on...
Hello BP Fam!Bigger Pockets has so many amazing books on REI but I don't see anything on CRE specifically. What are some good go-to books for Commercial Real Estate investing? Thanks so much! James
Hi, I'm new to the real estate game. I'm looking to invest in property with the goal to buy multiple properties to rent out, looking for residual income. I have a good amount of capital to invest (300k), what's the be...
First of all thanks in advance for any replies. I'll try do be as clear and thorough as I can with my question. To give a little info.... a woman won some property in a judgement and received a fee simple title. This...
I have a question about wholesaling. If I structure my deal with an assignee or do a double close on a deal, is there any way that I have to pay a capital gains tax? Or is it straight income tax? I have an LLC set ...