So I recently took on a new roofing company to do a big job on my home duplex. I have never worked with this company before. We agreed on $10,800 to cover my box gutters, shingle over them, repair or replace the fasci...

I leverage my Life Insurance cash value in a couple of different ways with an LLC, and I have some questions about active vs. passive classification on the deals I'm doing.
I take a policy loan personally, and then I...

If a partnership does a 1031 exchange into 2 rental homes and then decides to distribute them to the partners can the partners qualify for a 121 each?  This is assuming each partner lives in a house for 2 of the 5 yea...

Growing our RE business in the US certainly has its growing pains. In structuring our entities, (we function in Florida, Georgia and soon in Texas), we have been informed that, "...your company is a dealer in real es...

Hello BP Members. I'm in need of serious advice. I have my first property under contract and just received home inspection report. I thought there were a lot of issues and was ready to walk out, but need your all sinc...

Hi,I have a business partner who has provided money to my LLC, which I will use to invest in real estate. The agreement is that I will do the work and give them a percentage of the profits. I'm trying to figure out ho...

Hello,

I have a single LLC that I've used to flip a few houses in, but I've also started to rent out some properties (I currently have 1 SFH, and will soon have another and a duplex). They are all in the same LLC. ...

Hi, we have acquired three properties in the past 4 months.  We just closed on a house in Berkeley and we found out today the area/subdivision has an ordinance stating not over 30% of the homes can be rented. Sense it...

I know this may be a silly question for the experienced REI and CPA's; but is it possible to roll a 1031 exchange from a flip house to a rental property. I know that the investments from the 1031 exchange has to be of...

I have a property in the works that could potentially net a big lump some of money on a property sale. As to date, I have not sold any properties, just buy and holds. I am asking for all advice on how you all are mini...