Hello BP,I am the sole owner of a LLC I created to buy and hold properties, and I just formed a new LLC with a business partner for some deals we will be working together. My question is, what are the tax/legal implic...

Hi, many folks reinvest back into their business to leverage their money or other people's time.  Can I invest money into a fund that returns dividends with business income... like in a fund that returns a dividend/in...

Good afternoon any help with the following question will be appreciated.
What are the tax implications of the following Scenario:
A series LLC owns and controls several series (Each series own real property). a. T...

I own a couple rental properties in a single member LLC. If I need to withdraw some owner's capital, which as far as I understand is not a taxable event, should I report it in Schedule E on tax return? If yes, how do ...

I sure hope so.  Lawyers are lurking.  
https://www.carolinaaccidentat...

A small nugget from the website:
"In North Carolina, vacation property owners and rental management companies have a duty to keep their re...

I bought a 4 unit complex a few months ago, the previous owner had a strict non-smoking policy that was signed by each tenant.  It basically states that smoking constitutes a breach of the lease and grounds for immedi...

Hello everyone! I have a triplex that we STR and would like to sell it. Ideally, we would 1031 exchange it into a multifamily BRRRR opportunity (5+ units = commercial loan). The triplex is currently in our personal na...

your direct mail letter is sent to a seller who has their property listed with an agent?  I forgot to add the "please disregard this letter if your property is listed with an agent" to my latest round of mail.  The fi...

Hello All,

I paid a real estate attorney to set up a Texas Series LLC for my real estate rental business. I am treating the main LLC as the parent/holding company and have placed one property that is paid for in one...

HelloI’m currently in the process of selling a home and am under contract to purchase another home using 1031 exchange.The home I’m selling is under mine and my wife’s name personally. I understand to compete the 1031...