Brenda E.
Older parent wants to sell properties
My 80 year old dad wants to get rid of some properties he's had in Arkansas for 30 plus years. They are all paid in full and none are occupied. What would be the best approach for him? Sell all at once? Sell one a...
Aimee Lawrence
LLC and trust, which should I do first??
Hello,I have a rental property that I eventually would like to leave to my two daughters, and I would like to place it in a trust for them. I also would like place it in an LLC in the meantime to protect my other pers...
Tim Matthews
Title and trust company as land trust trustee
Question about a land trust trustee: what are your thoughts about using a title and trust company as the land trust trustee for anonymity purposes? What are the pros and cons of using this setup, especially when it co...
Brian Cam
Buying property from a trust?
Hey BP Family,I am hoping that someone can help me answer this question. Is it possible to buy a property from a Irrevocable/revocable trust? I see properties all the time that are held in these trusts, and I pass t...
Robert Grefe
will the junior lein get paid
A friend own property in New York, with 3 others on title, there is a 1st trust deed. I want to lend money, and place a junior lien on the property to protect me. If the 1st trust deed forclose on the property, and ...
Daniel Miller
Questions about trust conversion (on death of trustor)
I am beneficiary on my father's living trust. We are in California.He just passed away today, so I'm beginning the process of transferring assets from his trust to my accounts (which is what the trust says I should d...
Gary Michalske
Options to Avoid Capital Gain Tax
Hi BP-er’s,I have a tax strategy question about a deal I have the inside track on. My plan is to purchase this deal for $200K cash and wholesale it.This situation involves a 101 year old elderly family member that ow...
Cameron Adams
Favorite quotes
A little off topic but I need to get some artwork in my office and I was thinking about putting up motivational/success quotes. I've got a few I like, like
You miss 100% of the shots you don't take. What would you do...
James H.
Need to decrease tax burden and scale up!
Hello BP, I have a situation that involves my father in law who's a longtime investor with multiple free and clear small apartment buildings in a good market. We are looking for advice or an advisor that can help w t...
Gary Freidman
Creative Ways To Increase The Purchase Price Paid
I am talking with a seller about buying a property. The seller is willing to give me a lower price but I was wondering if there were ways other people had used to keep the "purchase price" high for the purposes of get...