![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3174501/small_1737826363-avatar-kirylu1.jpg?twic=v1/output=image&v=2)
29 January 2025 | 2 replies
Every state has a slightly different process, and time frame for each step, so you may want to consult a Realtor for your state process.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3174947/small_1737924595-avatar-marcz18.jpg?twic=v1/output=image&v=2)
31 January 2025 | 7 replies
Consider balancing liability protection with administrative costs, and consult with a CPA to align your structure with your financial and legal goals.This post does not create a CPA-Client relationship.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/670387/small_1621495131-avatar-jona25.jpg?twic=v1/output=image&v=2)
28 January 2025 | 8 replies
For maximum tax efficiency, consult a CPA to explore combining a partial gift and sale or structuring the transfer to reduce property taxes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171384/small_1737219534-avatar-warrenp32.jpg?twic=v1/output=image&v=2)
29 January 2025 | 7 replies
Again, definitely consult with a CPA - our team has a few recommendations if you are interested and I can DM you as well.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1170777/small_1695619714-avatar-viditm.jpg?twic=v1/output=image&v=2)
23 January 2025 | 9 replies
Nevertheless, continue monitoring the cracks, and if things progress, consult a structural engineer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/372148/small_1621447337-avatar-jkfaris.jpg?twic=v1/output=image&v=2)
28 January 2025 | 4 replies
Although it is a short timeframe, I'll ask about their depreciation schedule and will consult with my tax advisor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2187191/small_1738025058-avatar-melissas261.jpg?twic=v1/output=image&v=2)
28 January 2025 | 6 replies
Consider defining clear roles, ownership percentages, and responsibilities upfront, and ensure you’re protected if the partnership doesn’t work out.Since you already own properties, it might be worth consulting a CPA who specializes in real estate for advice on tax strategies specific to your situation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1654998/small_1737073458-avatar-armanid3.jpg?twic=v1/output=image&v=2)
23 January 2025 | 6 replies
Then I would seek a legal consultation from a real estate attorney to assist in evicting them if they will not leave (we have a few great attorneys we work with in the area).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164777/small_1736016779-avatar-susanaa11.jpg?twic=v1/output=image&v=2)
17 January 2025 | 6 replies
Who is the right person to consult about this?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2864396/small_1723742916-avatar-matthews1318.jpg?twic=v1/output=image&v=2)
30 January 2025 | 24 replies
Of course, we'll be looking to consult with a CPA on this!