I learn something new every day. I was completing some paperwork on a syndication and the options available were LLC, Individual, Corporation, Irrevocable trust and revocable trust.I asked the custodian what is the IR...

Hi BP community,Does gifting money reduce your taxable income? I know the limit is $15,000 for tax free gift, but does it reduce the gifter's income for that year? Say you make $90,000 and you want to find someway to ...

While I was researching a home I found while driving for dollars I came across this odd thing.  I was looking up public info about the house and when I look to see where the owners live, to determine if they are absen...

In estate planning, I was aware that DST's offer beneficiaries In estate planning, I was aware that DST's offer beneficiaries and the property Basis is raises to the current fair market value upon inheritance.Also I h...

The more I read the Self-Directed IRA and solo 401K posts, the more questions I seem to have.  Specifically, my questions have to do with investing with an Inherited IRA that I am already having to take required minim...

Should I open an LLC per property? Why?

My father owned several rental properties IN MISSOURI as an investment and supplemental income for his retirement. He placed all of them into a trust 1) as a stronger mechanism than a will to ensure that his wishes an...

Hello all,
Our current situation:
- 4 partners own the duplex. Currently in our personal names.- 4 partners are equal members in the LLC.- 2/4 partners are on the loan. In their personal names. 
We'd like to:
- Tr...

We are working on partnership with a group of like-minded investors.  One of the investors would like to transfer the title under an LLC but is concern about the due-on-sale clause.  We are seeking for experience and ...

Hello All,This is my first post and it’s a doozy.   My Father in law purchased his home back in the 80’s.   It’s in California and the tax basis is quite low.   The home is owned in a Trust and his 4 children are the ...