Hello all BigPockets!This may sound straightforward to most but I would like to know being a Canadian Citizen, if i wholesale (assign) deals in US using my US Based LLC, are their going to be any tax liabilities arisi...

Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...

My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...

Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...

I created a Single member LLC at the end of last year. I called my CPA to ask about any consequences transferring from husband/wife to SMLLC (myself as the sole member). He mentioned that I would have to choose partne...

Just moved to Boca Raton, and would like to find an asset protection attorney. Planning on buying multi-family real estate and like to have the proper business structure created, that has the maximum protection from ...

I am in the process of setting up a new entity in Texas that will replace my old operations entity that I've been using for the last 14 years.  I'm engaged to what will be my 2nd wife after a lengthy and somewhat cont...

Can anyone explain what deductions are allowable as a limited partner in a real estate deal vs. actively owning/managing a property? For example, if someone creates an LLC through which they invest in limited partners...

http://archives.chicagotribune.com/2009/jul/06/local/chi-landlord-dead-6jul06