Hello BP Community newbie here, I have a general question. When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct? Would they each report their gain separ...

So far Tenants have options in making their rent payments... there are multiple options from a stimulus bill offering $1,200 per adult, to $600+/week offered for unemployment in addition, to state unemployment, to per...

Could someone advise me on initial capital contribution? I recently opened up an LLC for my rental property and a business account.1.How is it funded? 2.Is the contribution in the form of Cash or could it be the prope...

Hi,Has anyone obtained title insurance in California for a property that was held in a Land Trust? What California Title insurance company did you use?The reason I ask is because I was advised by Anderson Advisors to ...

Hello!
I have some basic LLC strategy questions. I appreciate any input or resources you can direct me to. Thank you!
 A quick background on my situation to preface my questions: I own two duplxes with mortgages on ...

Hey BP community - I bought some rental properties under our personal name and now as part of the estate planning process, I am reading/hearing that I should move these properties to an LLC and move that LLC into the ...

I am up to 4 investment properties all personally held (i.e. not in an LLC).  I understand the risk to that and feel as though I have accounted for that in my insurance planning.  My goal is to start paying those down...

Good Morning, All. Making head way to purchasing my first rental utilizing the BRRRR strategy and OPM/Partnerships to fund the purchase and rehab. Should I create an LLC? What are the pro’s and con’s? Any insight is h...

Hi Biggerpockets!I recently closed on my first investment property in my name and will be renting it out soon. What I would like to hear from you is a.) what banks/software etc you initially chose to use for tenant de...

In my research of trying to discover the best asset protection strategies, I have come to a conclusion that an "equity split" (as I've heard it referred to) strategy is the best in terms of simplicity, cost and mainte...