Hi BP Community! I hold a number of 4-plexes in my personal name and am considering selling them to purchase a larger multi-family property. The larger property will be required to be held in an LLC. If I am the only ...

Hello,

I sold my condo last week. I lived in that condo from 2012-2017. So I satisfy the “2 out of 5 years” rule that allows the home sales profit from capital gains tax exclusion.

I was wondering what documents do ...

Quick question I'm hoping someone can answer for me.  I have an elderly family member that would like to give me some real estate.  She absolutely does not want to put this in her will for her personal reasons.  She w...

Hi,
This sounds more like a tax/accounting question but seeing if anyone has any insight here.
My parents just completed a 1031.
Relinquished property and replacement property both under parents names.
Accountant ...

Hi guys, hope you all are doing well in this Holiday time! I've had a stressful and expensive month this month with a number of pricey things pop up!
A couple days ago I had a company repave my driveway and the 52 ye...

Am having trouble finding a real estate business attorney in Middle GA.  One who can explain liability exposure to me, not just handle closings.  So if you have a referral, please send it my way.That said, I want to b...

Hi, I'm new to BiggerPockets and have a few startup questions: Do I have to wait until I have an LLC set up before I can actual do any transactions? If so, how do I handle this when I file my 2009 taxes? Also, I suppo...

We have a part-time bookkeeper who takes care of all the bills, collects rents etc.  We presently use Q Box which has been working well, although wondering if others have used something else and what their experience ...

First time doing an STR and I want to put it in an LLC to shield my other assets as best as possible. I've read the pros/cons of LLC vs only doing umbrella insurance and I'd prefer to do the LLC route to minimize risk...

When I served a 3-day notice after three days expired the police would not help remove the unwanted guest I was told that the notice should have been filed with the courts first. And that I need to file an unlawful de...