I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...

I've agreed on a price with the owner of 3 different properties for an off market deal - one 8-unit apartment building, 3 duplexes on a single lot and 1 duplex on another lot.  I haven't given him the official offer t...

Pretend you lost your job..What if any loans are available for an individual with 20% of his purchase price+closings and reserve funds but no W2 income. Pretend you have been a real estate agent for under 2 years so s...

Here is the story, ..... We currently have 5 rental properties with a contract on a vacation rental at the beach.  We started out getting rental properties when our oldest son was about to attend college.  With eleven...

Good evening! I hope you all are enjoying your Memorial Day.  The situation: my mother-in-law owns a condo with her sisters and they are looking to pass the ownership on to my wife, her brother, and my wife's cousins....

Hey guys, how does taxing a trust works?
Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year i...

How did you manage leases with multiple people paying rent for a single family home? Did you have 1 person collect rent and pay at once? Or did you have them all pay separately? Also, did you have everyone sign the 1 ...

Hi BP Community !!Need some advice - I have 3 properties and, have created an LLC for one of them. I am "testing the waters" before fully adding the remaining two into individual LLCs, as this is my first time doing t...

Should I bash two halls in the rear of our six-unit brownstone for through wall A/C or install a mini split system? The price difference of course is huge and these are SMALL apartment studios. We have steam heat and ...

In 2014 I was at a point in my life where I needed help, especially in the area of taking action and feeling depressed. I had major issues doing the simplest of activities, I would procrastinate everything I did! I ...