my father and mother own two row homes in north philadelphia.  our family business has been housed in these homes since they were purchased over 35 years ago.  my brother and myself are now part owners of the corporat...

Hi

I am purchasing property in upstate New York for investment, and am trying to think of the best way to structure the deal.

Ideally I would like to setup as an LLC, but have heard that NY has some rather onerous...

I need some input on self directed IRA's.  If I bought a mobile home or other property with the IRA and collected the lease payments from a lease purchase agreement and paid the federal and state taxes would that cons...

My state has a 6 month owner redemption period after the sheriff's sale. After that the second lienholder can redeem, but only has 7 days to do so. Is it advisable to buy, at sheriff's sale, a smaller first when the l...

So I do day trading at home - it uses to be an apartment but it was a good year and I bought a house outright.Can I deduct the space I utilize in my home as a business expense on next year's taxes?Also do I need a bus...

Hi BP members, I have someone who wants to sell me a house in Indiana. I live in Boston. I looked it up on Google earth, and also spoke with the agent who had it listed about 18 months ago. He said it’s a decent house...

A 2 unit property that we bid a while ago reached out asking if we’d consider the following scenario: tenant in one unit has stopped paying and is not being cooperative with showings. We’re wondering about how much of...

I control a 42 unit mobile home park through my LLC.  Demand is crazy high for homes. I have sold two before finishing the rehabs or listing them for sale, one about a week after completing. Here is my problem.  I nee...

I own several single family rental homes in Spring, TX, and I think my current property manager is ripping me off.  The PM  charges a 10% monthly management fee, plus a $350 annual lease renewal fee, plus 1 full month...

Background:I am currently married with 2 kids, (Ages 2 years 9 months & 4 months) and am at a crossroads for the future. My wife and I both have GEDs, with me having about 3 quarters equivalent of college credits....