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Hi All,I am hoping to get you advice on a property that I'm thinking of buying. This property is being sold as shieff tax sale assignment. Good deal on paper, but I'm worried about Right of Redemption. This is what I ...
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Yo, BPers,I started an S Corp here in Virginia about six months ago. I am the sole employee but am having trouble figuring out my tax obligations. I am actually a Tennessee resident, spend most of my time overseas, ...
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Hey everyone I have a bit of a dilemma. I have a TSP (Thrift Saving Plan, from the Gov.) Kind of like a 401K. I would like to use it to do some flips. I have been trying to get a HM loan against it, with no such luck...
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I've scoured the forums and haven't found one that addresses my unique situation below. Would love some input from a legal perspective..Scenario: I own a full duplex. I live in unit A and rent out unit B. Each unit ha...
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Hello all, was wondering if someone could help me understand what part of the rental income is taxable. So I understand that once I receive rent, a certain percentage should be saved for vacancy, capex, repairs & ...
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Hi BP,I'm a Korean citizen living in Korea looking to invest in real estate in Washington State (not DC). It looks like forming an LLC is the first step to take, so one can open a bank account and transfer funds. I al...
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I thought we'd start an FAQ for people interested in learning about LLCs. We'll share important posts and blog articles about these structures here. If there is an article or thread you think worth adding, please po...
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Hello all,New member here. I just found the website researching some stuff related to the issue below. I recently moved (not far, just found a house I like better). That leaves the question of what to do with my for...
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Hi BP SDIRA experts. I'm looking for some advice and opinions. Here's the scenario:$30,000 in a Roth IRA - I'm tired of investing in the stock market and excited about real estate investing. I'd love to use this mone...
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Hello Everyone,My name is Jake and I'm a 21 year old currently going to school for software engineering in the Milwaukee area. I have one more year of school left, and I really want to get into real estate once I grad...