Question BP family. Its just myself and my wife starting this REI investment business. What would be the legal structure as it relates to forming the LLC? Partnership?

- Relinquished property sales price $205k (original purchase price of $97k)- Replacement property #1 - $170k sales price Question:  can I just be taxed on the difference or do I have to exceed $205k in replacement pro...

Hi Everyone,
We are exchanging for the first time from MFH to NNN retail properties.
 We have ~$4mm in equity in the downleg and plan to leverage to $8-10mm for an upleg purchase. The downleg is in the final stages ...

Hey BP my mom is thinking of the future and eventually selling her home, it's worth about 1.5-1.7 million. I was wondering, for a 1031, is possibly to spilt it in 2 two properties? Let's say 2 750k properties? Or must...

Hi folks,Working on getting my holding LLC off the ground. I'm going to set up my LLC in Wyoming (even though I live in California and properties will be located in other states, Wyoming has very favorable LLC laws).I...

Hello all,I have been looking for a RE community ever since joining the industry back in late 2014 and I'm surprised I have just discovered this wonderful site. My journey (keeping it short): I got my CA Salespersons ...

I know this may be a silly question for the experienced REI and CPA's; but is it possible to roll a 1031 exchange from a flip house to a rental property. I know that the investments from the 1031 exchange has to be of...

Case: So what I have 4 partners with 25K for a total of 125K on a single family home we are looking at that rents for $1500. How do we structure a contract or deal so that all revenue/profits/expenses/taxes are split ...

I'm selling a rental I've had for several years now and will profit over $200,000.  In addition I have some cheap private money allowing to make a purchase in the realm of $500,000 cash. 
My plan is to sell this prop...

I just heard on the podcast today that Illinois definitely isn't.Are there any others to avoid?This is going to be our first investment property so we're trying to make it as stress-free as possible.