Need some advice.I live in Delaware and want to buy a few properties in Chicago for rental. Where should I open the LCC Delaware or Chicago? I may buy properties in Delaware state in future or in another state.Also, a...

I own a nicely appreciated SFR in AZ and am planning on selling once my current tenant's lease expires. My thoughts are to 1031 the gains into a replacement property.  Here's the issue - the soon to be relinquished pr...

Hello - I did a 1031 exchange of my single family rental property (the Title was under my personal name) to a multi-family property a couple of years ago and the multi-family property was Titled under a single member ...

Hi After absorbing the knowledge and mindset of investor for awhile ,  I started to aware that primary residency is not considered  a good asset . My husband and I decided to downsize  our home to smaller single famil...

I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...

Hey everyone I am a Canadian looking at investing into a vacation home/ Airbnb rental property in South Carolina. I am a full time firefighter with an income of $85,000 (CAN) and my spouse earns $87,000 annually.  I a...

We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary. Are there any tax implications since it’s currently in an LLC and will...

Hey everyone, 
My wife and I are currently looking to purchase our first multifamily property (preferably a 4-plex) to house hack. Ideally, we would like to use an FHA loan for the 3.5% down payment. We currently own...

Hello all. I’m looking for someone to talk me out of cashing out of a beneficiary account if I’m making a big mistake. What say you? Here’s the deal: I currently have a beneficiary account left to me by my father. He ...

Hi everyone, I have a 6 BD, 2 BA house for rent and 6 adult friends want to rent it. They said that every other weekend two kids will be staying over. How can I structure the lease so that the kids or additional adult...