Hi BP folks, I am looking for some professional advices for tax deductions on real estate investing. Right now I am hiring my father as a handy man, so in order for me to deduct those expenses do I need to have an LLC...

Using the standard 80% rule, this flip breaks even at about $105k, so if your ARV on the high end is $110k, it's not worth doing.

One of my rules is to require 6 months at their current job because this is the standard probationary period for the major employers in the area.

Thank you in advance for you helpAfter purchase, how much extra work (money) does it need to bring up to ARV standard?

Those look like standard sized easy to find columns.

Like: filing  bankruptcy, try to come back a week or two from now  and claim he did not move, wrongly evicted cuz he didnt leave keys.....

Transaction coordinator.. if your highly efficient this is an excellent position for west coast folks my wife pays 400.00 a file to her transaction coordinator and will do 30 deals a year.. so that's 12k from ONE realtor most coordinators once they get a rep will have 10 to 20 agents.. easy to make 100k or better your not going to do that wholesaling on the west coast starting out.3.

Financing for Mobile/Manufactured homes is a little different than standard homes. 

Can someone tell me what happens when a mortgagor files bankruptcy before a foreclosure auction takes place.

We don't want to declare any rental income or file schedule E.