Four of my properties (8 units) are in one LLC and my accountant advised me that being a single member of the disregarded entity is not the best idea.  I talked to my attorney and he is forming a simple trust where I ...

Hi All,I have a family member who was listing his Los Angeles property with a real estate agent.  He decided that he wants to sell the property to a different family member instead of selling it on the market.  He cal...

I am looking for a little insight on this situation. We have a rental property that is in a land trust. Can beneficiaries take dividends from the rent? if not dividends, what are the beneficiaries options for taking ...

I'm working with a buyer looking to purchase one or two commercial properties; specifically multi-tenant type buildings for medical businesses.

The buyer is interested in two particular buildings on MLS.

I've aske...

Hey all! Man Ive got to say I love this site! Great job!!
So here's my question. I own 3 properties free and clear. I live in the 3rd property. I will be financing a 4th and will be my residence. This 4th property I w...

Hello Everyone,I have a bit of a mixed feeling about wholesaling. On one hand I see it as an excellent way to enter REI with little capital and without the need to use a hard money lender to close a deal, but I also c...

One of my contact Restaurant Owner want to buy a commercial property in central New Jersey in a clean area. He got the down 20% payment. But No Bank Financing. He and his son work as Chef in the restaurant. He is look...

How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...

Okay, first let me start off with saying I understand that I should get an attorney and CPA to consult with regarding any legal/tax issues. With that being said, I'm curious how others structure their real estate busi...