I had question today about moving a property into an LLC that was purchased with an owner occupied mortgage.

The guy I was talking to said that he had heard the new tax code penalized you for transferring a property ...

Is it better to create a corporation or an LLC?

How do you manage utilities (water, gas & electric) for a single family home that has been converted to two separate units, one upstairs and one downstairs?  Do the tenants equally split the bills?  Do you get sep...

Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized? 

If you plan to move into your rental property, live for two years and exclude capital gains tax under section 121 of the IRS code do so before Jan. 2009. Any rental or "unqualified use" after that time will be count...

I would like to purchase my Dads home from him as a rental  property later down the road. House is free and clear. Can I legally buy this within an LLC as a buy and hold without either of us being penalized in taxes?

Had this question asked at a forum. Scenario: Seller owes $500k on a $5mm property, wants to sell and 1031 into like property but wants $1mm in cash without conventional refinancing (prepay) and without being penalize...

I have a rental property that I would like to get equity out of to purchase another property. Do I need to refinance the property or just take out a home equity loan?  

I need some help. I am getting ready to cash out refinance a property I bought all cash back in June 2017 in Springfield, Massachusetts.I got couple of quotes. All of them are in the low 5 to mid 5's with couple of th...

So, I have a new one I haven't run into. A homeowner is getting more and more angry as his auction date approaches and we have no answer from the lender on if they will consider short sale.

He told me he would tra...