I have an interesting/very uncommon situation I would love to get some comments on what you all think. While looking for properties I found an elderly man who has no family left. He never got married or had kids. He c...

Dear All,I am new to REI, and have been researching optimal investment strategy for me and my family. If we invest in cash flow property, after taking the depreciation tax benefit, the positive rental income will stil...

Hello! This question is for full-time real estate investors who do not have anyone in their family receiving a W2 (i.e. no employees).I quit my "W2 job" in December 2018 and our family now manages our real estate full...

Hello there biggerpockets-

I have a situation in which I will be mentioning below with various names of people to depict actual life! It would mean the world to me if someone can give me some positive feedback on thi...

I currently have 5 rentals (looking to grow) that are financed conventionally. That being stated, my lenders will not allow for me to transfer title into an LLC. Since I’m not able to transfer any of my 5 rentals into...

 When i bought a 3 unit home in 2017 it had 3 tenants in place. (all 3 are still there, )   The tenant in the 1 bed, apartment asked is she could have 2 friends stay with her so I agreed and charged additional rent ($...

Here is the standard answer to all legal and tax questions: it depends. In this case, it really does. We have to start by answering 3 critical questions:
What kind of real estate business?Did it actually start in 202...

i invest in sub 50k homes.i bough a house for 25k in December of 2016.  i have an offer for 59k.  what should i expect to pay in capital gains if i sell for a 34k profit within one year (short term)?what should i expe...

Good morning all, I have formed an LLC out of state in order to insulate myself when buying mortgage notes. If I put that asset in the name of my LLC and receive payments through it, I am assuming I will have to pay s...

I recently started reading "Tax Free Wealth" by Tom Wheelwright and I realized how much my knowledge is lacking on the tax side of investing.  Further, I realized how confusing the different terms are for the various ...