![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2641905/small_1674706608-avatar-daisyh11.jpg?twic=v1/output=image&v=2)
8 October 2024 | 36 replies
Working with a title company and consulting a real estate attorney can help minimize exposure.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1734886/small_1694799420-avatar-michaelc1569.jpg?twic=v1/output=image&v=2)
7 October 2024 | 19 replies
It would be wise to consult an attorney.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3126416/small_1727631201-avatar-tanyam71.jpg?twic=v1/output=image&v=2)
6 October 2024 | 5 replies
Verify these numbers by researching comparable rentals in the area or consulting with a local property management company.Additional considerationsContingency Funds It's wise to have reserves for unexpected expenses during the rehab process or unforseen vacancies.Market Conditions Keep an eye on the Denver market trends.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
4 October 2024 | 5 replies
As always, tax laws in the US are subject to change so it's always best to consult with a tax pro or estate planner for the most current and personalized advice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2806121/small_1694586893-avatar-robb256.jpg?twic=v1/output=image&v=2)
4 October 2024 | 15 replies
I have seen more than a few syndicators underwrite real estate taxes to 80% of purchase price, which this equates to, presumably based on a tax consultants recommendation.Put simply: when the parties disclose the value of the real estate being transferred, they put own 80% of actual purchase price, with the remaining 20% likely going to goodwill or other intangible assets.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/319798/small_1621443954-avatar-brentsalzr.jpg?twic=v1/output=image&v=2)
4 October 2024 | 8 replies
It offers more protection overall.I will say that I am not an attorney so I would consult with a real estate attorney who is also an investor.Check out this BP blog by @Scott Smith - https://www.biggerpockets.com/...Lots of info about series LLCs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/702972/small_1621495743-avatar-kennethc43.jpg?twic=v1/output=image&v=2)
4 October 2024 | 12 replies
Once the sheriff completes the eviction, they can regain possession and ensure the tenant vacates.It's always a good idea to consult with a local attorney to make sure they are fully compliant with Pennsylvania’s landlord-tenant laws.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1546698/small_1694563694-avatar-notrowan.jpg?twic=v1/output=image&v=2)
4 October 2024 | 8 replies
If you wanted the REP designation in the future, you can have your signficant other qualify and that would allow you to qualify (e.g. a stay at home wife) or you can take a consulting role resulting in the real estate being your full time gig.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2969774/small_1710117337-avatar-rodneyw97.jpg?twic=v1/output=image&v=2)
4 October 2024 | 13 replies
You can also find a MTR consultant or someone who operates in the area to help you determine the rent rates, demand, and supply numbers in your market.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2231491/small_1637991607-avatar-alfredob14.jpg?twic=v1/output=image&v=2)
1 October 2024 | 6 replies
It's always best to consult with a real estate attorney to make sure you're structuring the deal correctly.