My Grandmother-in-law and her daughter (Power of Attorney) sold the house out from under my father-in-law, my husband and myself. We had prior arrangements with her.  One was to take care of her son, my father-in-law ...

I am in the process of negotiating a deal for a 28 unit apartment complex.  Seller has just talked to his accountant and said his tax hit would be too large if he sold to me because he has taken 10 years of depreciati...

For those of you investing in Garden City, MI. I really like the area and was thinking that this is where I would buy my first deal. However, after doing the numbers it seems to me that taxes are ridiculously expensiv...

When it comes to these options, I think it really depends on the current real estate market.  When I did my first 1031 exchange it was a good real estate market.  Prices were not too high, but real estate was moving j...

I have a new 10-unit apartment building coming online June 1st, and my bank has extended my interest-only loan until November before converting to P&I.  The building is 1/4 mile from the hospital, police station a...

Hi Everyone,I own a condo in which I've built up a good amount of equity and I'm looking to sell it in order to buy something that cash flows better.  So here's my question, if I bought the condo as an owner occupant ...

If I have a family member who wanted to sell there home with no equity. And behind on taxes. What would the best exit strategy?

Purchase Money AnnuityAsk the seller to take back an annuity for all or part of the purchase price. The annuity lowers their tax burden by spreading the gain over years, and they will earn more money over the long run...

was wondering if anyone can give some insight as to which entity is best to form to transfer our properties to.  is there any advantage of forming an s corp vs llc for this purpose?  thank you for any info

I have been search answers for this topic for quite a bit on BP network.  Found some good articles here and there, but nothing solid.  I am bit of jack of all trades but master of none kind of guy.   Both me and my wi...