Hi, I am in my due diligence phase of a turnkey property in Hazel Crest, IL.  The property currently has a "Homeowner Exemption" which appears to be some property tax discount for those that make the place their prima...

I spoke with my attorney this afternoon, and he told me that Illinois is about the pass laws that will "crack down" on self directed IRAs and require private lenders to be certified.  Has anyone else heard about this?

I have been doing Lonnie Deals for a little over a year and have so far been quite successful. I want to take my business to the next level by establishing the documentation and processes that insure compliance with ...

I'm trying to see if anyone as the owner of rental real estate property in their LLC has had luck in getting the FONCE exemption ?
Basically I'm looking to buy property in Gatlinburg and will be renting it out to ano...

I own 3 properties in my personal name - I want to 1031 one of them into another investment property.  The issue is I have 18 commercial loans to my LLC and I am 100% owner of the LLC so they are on my schedule E.  My...

I've been thinking of setting up a deal offering free rent for a year to a disabled veteran and their family who are in need of help to regain financial stability; they would only be responsible for utilities and a sm...

Ok, I've gotten one flip under my belt. We closed in 2017, I've already talked to a CPA regarding taxes and he suggested I roll the income and expenses into the same tax year. I've been reading quite a bit about how I...

In California more then 5 fruit trees is considered a Orchard for tax purposes, I can get the Orchard Tax exemption for first 4 years after planting. has any one tried this with multifamily properties? I know of singl...

So I'm interested in getting started in purchasing and running self storage facilities and want to learn more.  At the same time, I have decent money in my IRA  invested in mutual funds.  I'm thinking of converting so...

Sorry accidentally posted it twice in the same forum, no idea how to delete the duplicate discussion. I'm trying to see if anyone as the owner of rental real estate property in their LLC has had luck in getting the FO...