(Not legal advice; just relaying my own experiences & understandings)When a borrower files a Ch 7 or Ch 13 bankruptcy, there is an automatic stay against all creditors from collecting on the filer's debts. As a le...

This probably doesn't affect a whole lot of folks, but if nothing else its a good sign as far as the appellate court's view of excessively overreaching ordinances:https://courts.illinois.gov/Op..."It is evident that t...

It is my understanding flipping houses is taxed at ordinary income. If the house is held for one year then it is taxed lower. Is this true, and if so, would it make sense for my partner and I to flip the property, ren...

I have a rental property where I didn't live in for the last 10 years. I am planning to sell it and to a 1031 exchange for a multi-unit commercial building (residential apartment for 10 units). Does it quality for the...

if I flip a house and make 50k.... then I reinvest that 50k in another flip... I understand I don't pay taxes on that 50k... but what if I reinvest to buy another property then mortgage the house right away and take o...

Hey guys ,

So my wife and I are under contract for a 3 bedroom 1 bath SFH that we got initially to rent out. After crunching all of the numbers we would be getting roughly 10 return on our COC investment.

Because w...

Hello, I close on a property on OCT 15th... I have a sizable chunk of cash to place for my 1031 exchange. Looking to partner with someone on a multifamily project or invest in a syndicate if they provide a TIC structu...

Hi All! Looking for a little input from the BP community here. I own a multi-unit building in so cal worth approximately $2.5 million. It brings in $13,500 monthly gross. We have about 1.5million in equity on it....

Need clarification about new Maryland Foreclosure ruling passed in June 2017 require that the note investor hold a Maryland Collection agency license in order to proceed with a foreclosure. Question is can note invest...

I purchased a buy and hold propery 5 years ago for cash in my name only. Last year I got married and put this property into a LLC with my wife, and in our trust.I'm looking to 1031 this property now but wanted to know...