Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC partnership.1)  are we subject to transfer taxes or fees for the transferring?

Spend more than half of your total working hours in an RE business in which you materially participate.2.

There is a joke in the industry that anyone who says "I've been doing it this way for (insert number of years here)!"

I used to work in the area, not personally investing there, but I have helped handfuls of investors secure financing in Dutchess and Ulster counties, I do know it’s seeing some heightened interest from investors due to its proximity to the ever-expanding NYC and relatively lower property prices compared to alternative areas.

Based on the prices I see for multi family in Little Rock at a glance I think this is very reachable, pay off the $55K first and get to the number crunching!

Do I have to complete the separation of units by January 1st to write off half of my closing costs/other expenses?

Essentially still making the Brrrr method work with this type of loan? 

I’m a fairly new investor, currently with only one STR/MTR duplex in Indiana, and I’m looking to develop new skills in order to improve my personal income to help expedite a second rental investment.I am a touring musician, and also have 5+ years of bookkeeping experience for one of my small businesses, and I run the books for my one duplex as well.

As you know, you can find all kinds of resources on BP. 

I will be moving into the 5 bed 3 bath because the tenant has been there half as long as the upstairs tenant (therefore that is the unit I am legally directed to move into vs the more tenured upstairs tenant).I do not need the space of a 5 bed 3 bath apartment so am planning on renovating the entire space and turning it into x2 2 bed 2 bath apartments while I am living there.