I hold a reverse mortgage for my elderly parents. Can I use this as collateral to borrow some start-up funds. If so what type of lender should I  be looking for and am I putting my parents future in jeopardy?

Good Evening BB,I am getting a loan from my folks in the form of a HELCO. We were able to settle on a HELOC and I was wondering if there was any consideration during tax time that my parents that are going to have to ...

Is it legal to have a holding company in one state owning subsidiary companies in other states? Both entities ( holding and subsidiary) are LLCs.

I am 17 and am looking at investing in the Mount Pleasant area where Central Michigan University is located. I have also been reading Craig Curelops book on house hacking and K realized that many of my tenants will be...

Hi BPs,I am quite new to room rental and I would like some advise for a potential tenant who is a recent graduate, but without solid income due to not having a job yet.  Would you recommend co-signing from his/her par...

Hello,So I may be inquiring a SFR from my parents. The SFR has no mortgage but my parents did get a HELOC from the property. They told me if I take over the expenses of the property I can have it. My question is, can ...

I’m a bit slumped as my dream of purchasing a property before graduating university has been shot down. I want to take advantage of the first time home buyers program where a first time home buyer can purchase a prope...

My parents gifted me a house about 8 years ago. I have rented it off and on for since then. I just remodeled it and about to close on a sale. QuestionsIs there a way to deduct the FMV from the profit or is that only f...

If a parents home is paid off and they want to give it to a child is simply gifting the real estate the best way to go?

Hi!My husband and I are looking to buy a STR beach house. My parents would like to buy it with us. We have already formed a LLC with a lawyer but we are stuck on what to do if myself and my husband or my parents die a...