Kelly Russell
How can I sell or buy a distressed home in pre-forclosure ?
Long story short, I am a newbie Realtor with a desire and strong interest in being an investor. My husband's father passed away a couple years ago, leaving behind a house with a 450K mortgage still unpaid on it. My hu...
Ryan Gauthier
Should I Partner Up With Family On A Rental?
Hey Guys,I'm in a weird situation and could use some help.I have two brothers and we just inherited two free and clear townhouses.One brother wants to sell, and one brother wants to keep them and rent.My choices are:A...
Ted Lo
Landlord issues with people staying over due to covid19
My sister lost her place due to the coronavirus and is staying at my apartment right now. Can this be a an issue with the landlords if she is not on the lease.
Dana Murphy
Taxes for an LLC
My 2 sisters and I inherited our mothers condo in 2005, put the property into our names in 2006, we decided to form a LLC in 2007 for tax purposes, now we need to file taxes for 2006, 2007 can 2006 be filed under the ...
Matthew Hartzel
House Hacking in California
Hey everyone, I'm 23 years old and looking to get into real estate investing as soon as possible. I'm currently studying Economics at UCLA, and will be graduating in 2018. I would like to be in a position to begin REI...
Jon Lee
Living in CA, own rentals in OR with sister. Where to form LLC?
I live in California. My sister lives in Oregon. We own rental properties in Oregon. We want to setup a LLC in Oregon for the properties, but do I need to also setup a California LLC and/or pay the $800 LLC tax in Cal...
David Trujillo
Retirement implications selling primary residence
Good afternoon BP. My father wants to sell me his primary residence and move in with my sister. He is 64 yrs old. He collects social security and has a part time job. The Property is worth around $425,000. He wants to...
Marni Blank
1031 exchange question involving LLC's
Hi there,I'm selling a single family home in upstate NY (owned by an LLC that is in turn owned by myself and my sister). We are also part owners in a small commercial property (also structured as an LLC) also based i...
Amina Sanders
Questions about Subject To
Hi BP!I 'm a REI newbie and have question concerning a possible "subject to" deal. My sister and her husband have gotten into some financial trouble. Almost ten years ago, my brother in law's family home was going int...
Robert Martinez
Fix and Flip deal with leins
Hello all, so I have a property under contract that I was planning to fix and flip and was expecting around a $50,000 profit but have now hit a bump in the road. So the seller and his sister who have ownership of the ...