So a piece of property in terms of capital or ordinary treatment, relies heavily on the items intended use in the taxpayer's hand.It can turn an otherwise capital gain into an ordinary one. It may even disallow previo...

I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...

How do you go about transfering a property you still owe on into an LLC ?

And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...

For those of you that invest out of your local areas, what sort of market research did you perform to determine where you wanted to invest? Are there good sources for demographic data, price to rent ratios, etc...?

So I am in another state where I just purchased a duplex on Monday. I drove here and have of course have saved my gas receipts. My question is, is everything on this trip a write off? I am solely here to do some work ...

I met with a local attorney (1 minute drive - doesn't get much better than that!) last week to get a quote to review my P&S paperwork and my assignment document. I want to work with him as my closing agent but I a...

Hi all,I have a tenant that I notified, I’d be inspecting the property inside and out for repairs.  Things went well until we got to the bedrooms, she (My tenant) refused to show them to me. First, explaining her chil...

As a wholesaler should I have my real estate license or not? I went to talk with my first buyer at lunch today and they told me it might not be the best idea. Because, I would have to state on every marketing item tha...

I have an S-Corp in Nevada with a foreign filing to do business in California. If it is optional to have a business license for a rehabbing business in California where I am actually doing business why would a busines...

My husband and I are very new to the Real Estate investing business. We have yet to close and seal a deal.  Unlike him, I feel as even with what’s going on with the COVID-19 we should still be persistent. I guess it’s...