Jail so looking for some quick advice... Long story short my Tennant got arrested for some sick stuff and if convicted will be gone for a while. 100k bail if that tells you anything.   A warrant was served and the doo...

Hello BP,

I have a series of questions to ask concerning a business structure so any help that the community could offer would be great.

Question 1: My family and I (wife, mom, brother, and dad) want to start a buy ...

Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...

Hi All - curious if others have encountered similar situations and how they may have addressed it.
My partner and I recently closed on our second property in NW Indiana, and we've come to learn that all five units ar...

Around 20% of my portfolio in Denver has bed bug problems. Just a couple of weeks ago a house rental was infested, this is a first for me usually it's apartment buildings.

Apparently the lady was running a daycare ou...

Rev. Proc. 2002-69I found this guidance and thought I would provide a summary:It was issued to remove uncertainty surrounding treatment of an entity owned solely by a husband and wife in a community property state.Ess...

We am selling a current "rental property" and would like to use a 1031 exchange to turn our "personal home" into a rental as we just purchased another  home for ourselves. We never homesteaded the home we are in now. ...

I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...

I'm planning to partner with a friend on two flips in 2014. We will each be contributing equal amounts of money to the projects. Since I only anticipate doing two flips next year I'd prefer to declare the profits...

Hi all! I hope everyone is staying safe and sane through these strange times. I am scratching my head (figuratively) and hope a few can give some advice. I have a condo in a large gated community of both sfh and condo...