We are selling a REO house we bought 5 months ago. As we going through the closing process, the title company found out that there was a loan that was taken out by previous owner that was never paid off.  The loan wa...

NEW form 1099-NEC replaced 1099-MISC for contract labor THE DEADLINE IS FEBRUARY 1st! When, where and how?

The short answer is: obtain form 1099-NEC, fill it out, and mail “copy A” of that form to the IRS and to ...

New Investor who will be purchasing their first multi-unit (2-4) this year.  I had a question about my LLC.  A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...

I came across a seller (widow) that presented a pretty complicated situation and I am trying to determine if there is something I am not aware of that could make this deal work. Husband passed away beginning of 2014Th...

so i’m looking to invest in syndication, and one thing i’m concerned about is taxes.  i want to be in a passive deal, so syndication seem to check the box.  but i also want to make sure tax reporting will be simple.  ...

I have a note holder who has a single note covering 26 properties in three different counties and two different states. UPB is in the vicinity of $700k. Is this even saleable? When I asked him what his attorney said a...

Hello everyone, to introduce you I am Stelios from Greece - Heraklion and I try to complete a transaction on a 2 apartment (whole 3rd roof) building. These 2 apartments back in the past was stated as 1 house and in th...

I'm a long distance property owner of a fourplex. It seems that my property manager is playing games with me and not providing information for work done to the property. A few of the items are listed below which occur...

Hello all,          I'm needing some advice on LLC Setup (or not) for a STR business. Here is my situation:- I'm a W2 employee that earns north of $500k a year- My wife is a stay-at-home-spouse- I'm looking to buy ~ $...

Hi there, Iv got 3 people that have a total of around 700k and they want to give me the money to grow my real estate portfolio in exchange for a return on their investment and full repayment with in a set amount of ti...