Thomas Webb
Buying a Rental Property with my brother
Hello all,I am looking to purchase my first buy & hold investment property to provide sustained rental income. I plan to purchase the property with my brother. He will actually live in the property for at least th...
Genoa M.
Property in Trust brother wants to manage
Hi, We have about 20 properties/36 total units. they are held in trust and currently managed by my mother( who is 88) and my brother. We are all on the trust. My problem is that my brother really wants sole decision m...
Account Closed
First Post! Creating an LLC with brother?
My brother and I are looking to buy our first deal. We want to partner on this first one and on some but not all future deals. To give a background he is 22 and about to be earning stable income in the Navy by the end...
Paul K.
Advice on financing with Brother-in-Law
Hello,I have a question about the best way to structure this long term rental real estate deal.My brother-in-law found the property, has little capital, and does not have the capability of pulling another loan out.He ...
Alex Silang
How to do joint venture with brother?
(I know you're not a lawyer and will eventually seek professional advice.)
I just talked to my RE broker and he said with LLCs you typically do commercial loans. I don't like the terms and would try to avoid.
We cou...
Michele Hart
Inherited a house with my 2 brothers
My mom is nearing the end of her life and has left me and my two brothers her condo in Hawaii. As you can guess the three of us have different ideas on what to do. So, I'd like to get ahead of the game and start worki...
Brian Horwitz
Tenant wants brother from prison to move in
Hello BPers!I had a request from a tenant and I think I know what people will say but I will ask anyway. My Tenant at my home in Indiana has a brother, 30 years old, who is getting out of prison soon. She would like t...
Cody Barrett
My Brother asked me to manage his property.
My older brother recently bought a new home for his family, moving him out of his current duplex that he can't sell because he's underwater. He also does not want to deal with being a landlord. Here is where I come ...
Jane Dang
Add brother to title of my primary SFH
I am refinancing my primary property. I want to add my brother to the title but not on the loan. Will this cause any Tax issue? Does this consider I am selling 50% of the house to him?
Jared Mcgrew
Capital Gains Tax on Home Brother has Occupied?
My brother and I purchased a fixer upper in 2008, and we both lived there for several years before I moved out and purchased a different home. My brother has continued to occupy the house and make the mortgage payment...