I recently purchased my 1st duplex in Valdosta, Ga. I currently live 30 minutes away in Florida. Do I need to set up my LLC in Fl or in Ga? I plan to grow & buy my next duplex in the 4th quarter of 2018 & pla...
I am looking to JV with my brother where I will do the real estate investing (finding deals, property management, etc.) and my brother will fund it from his business account. From a tax point of view, is it possible ...
In going through homes last week, I noticed a home I saw a couple years ago looking distressed and abandoned. I looked it up with the country, and the taxes are about to be 3 years behind...and going into foreclosure ...
I recently read something that stated if you pay for someone’s property taxes you can put a lien on someone home. And they have a grace period to pay you back. Is this true how does it work?
I’m interested in buying a property, minimum of a 2-family to live in and rent. What would be the best way to obtain a mortgage if I am self-employed/independent contractor??
Hi BP, I recently learned about a CEMA (Consolidation, Extension, and Modification Agreement), and from what i understand it is specific to New York State. Has anyone had any experience and success using this form of ...
Hi, Everyone! I'm new here. I'm looking to sell my house this November and would like some advice. I bought it in 2020 for $575,000 and I'd like to avoid paying taxes (legally) which is why I've held onto it this long...
So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...
Hello again BP family,Ive got a hot one here, My younger brother has operated a construction style business for several years now...under the table. After my repeated nagging, and teaching him what opportunity costs a...
I’m worried. My tennant is doing well in their business and has a triple net lease.They assure me they will pay the taxes that they are late on. They have not. Is using a lawyer a good idea?