Hi all,

This is my first post on BP - I looked around for similar questions/answers and couldn't find a good match so I figured I'd go ahead and post; hopefully this is the correct forum for my question. First, a li...

I am not a super active poster here, but I am a grateful beneficiary of the wealth of knowledge and reviews on BiggerPockets as I have progressed in my real estate investment journey over the past few years. As a resu...

I tried searching BP for this answer but haven't figured it out yet. If you're wholesaling a deal in Pennsylvania, where you must pay a 2% transfer tax, how do you structure this in your deal/agreement? I can't imagin...

I am terminating the lease of an arbitrage rental unit (2 units in 1 house) in compliance with the lease. We rented the house unfurnished and we fully furnished and decorated the property. I am working out a deal to t...

I currently hold a few rental properties in my personal name. In 2020 I’m starting my LLC for purchasing additional rentals and would like to transfer my current rentals into the LLC too.
When I transfer/sell my cur...

Hi all, I have a situation that I am trying to avoid.  If anyone has ever run into it before or knows how to avoid it your knowledge would be greatly appreciated.So my father-in -law and his former business partner ha...

Hi BP Family,I currently own 5 units (2 properties) in my personal name. The duplex was bought with an FHA loan and 3 unit was conventional financing. I started an LLC to begin transferring them to the LLC but my bank...

I often have to educate some of the newer investors I work with about this fact.  This is at least the case in DC, Maryland and Virginia, that the buyer of an REO pays 100% of the transfer taxes and redecoration taxes...

I'm in a process of transferring some of my properties to an LLC entity. These are four properties that were bought within a period between 3-14 month ago. The LLC is structured in such way that my wife and I own two ...

Hi,I purchased my rental property few years ago for 300k in Washington State free and clear and since then it has doubled it's value with capital gain around 300k. I'm planning to get married in 2 years and want to bu...