The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...

So I'm a little confused whether this can be used for a 1031 exchange. The current owner of the property had the place quit claimed to him several years ago. From the time of ownership, it was never resided in by the ...

Hi all. In addition to my personal real estate investment activities,  I currently work part time with a 501(c)(3) non profit dedicated to helping inner city youth. I want to start a real estate investing company for ...

We buy properties in various states and sell to people in different states and even countries, though we are located in CA. Obviously, CA isn't very business friendly, so I've heard other investors incorporate in Neva...

Just curious to know what benefits there would be to get a property and then "rent" (or actually rent) it out to your parents/siblings/etc? Any tax benefits? Is it even legal? What would make it illegal?  Thanks. 

when transferring rental property into LLC the grant deed should say"grantor and grantee are the same party" to avoid tax reassessment howeverany better choice of wording I can use to be more anonymous ? ?

I would like to know people's opinion on an idea I have below. I have some (but not a ton) of experience renting and selling properties and would like to know if something is flawed in my logic. Of course I would do a...

It’s been awhile Bigger Pockets Fam! Posting for a friend. My friends’ parents are in their 70s and retired in California. As they have gotten older, they have been seeking warmer climates and want to retire in Maui. ...

I have a client that bought a primary home for $100K in 1989 and the home is now worth $1 Mil.  They have divorced in that time period and own the house solely now.  They have put about $50K worth of improvements into...

Hello BP! This is my first post ever even though I've been reading on the site for some time. I can usually find the answers I need in old threads but on this subject I haven't found exactly what I am looking, hence t...