I know the seller of an approved 6-house subdivision (shovel-ready) which he wants $1.2M for. He is willing to sell it to me for $1.0M. My friend pitched the idea of us being the middlemen and selling it forward to an...

I was wondering if I should put my personal residence in a land trust, any info on the pros and cons would be appreciated

Hi everyone, I was thinking about adding my son as a joint tenant to a rental property I own, If I do this it would probably be the equivalent of a $30,000 gift. I heard that there is a life time gift exemption o...

In Texas, what's the most straight forward way for a parent to gift a home to an adult child? Home is free and clear.

I found this article interesting as I have been involved in title claims on numerous occassions. In this case, because the bank handled the recording of the mortgage and the bank was careless in its process they denie...

I'm a licensed broker here in Upstate NY and I'm amazed at the lack of understanding that new investors have when it comes to agency.  A close colleague and mentor in the business put it quite simply when I shared my ...

My friends, who are in the military sold their house last summer. The house was rented out before it was sold. The qualify for the stop the clock provision, so the sale will count as a sale of their primary residence....

I am renting a bedroom in my house to a roommate. However, she also has access to and uses 2 bathrooms, finished basement, living room, kitchen, garage. How do I list on taxes?  She shares use of ALL these rooms.  I...

Hey everybody,
(Sorry to mods, originally posted this in the wrong forum!)After roaming the BP Forums and blogs for the past few years, my wife and I are finally under contract for our first rental property. So finge...

This year I got clobbered on some stock investments but am also considering selling a property that will have some gains. Can I offset the gains of the property with the stock losses?