After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):
REAL Red Flags That Matter:
The Partner Complaint Trigger
Disgruntled partner files Form 8082K-1 dispu...

A house I am purchasing was built in the late 50's and has several outlets that are not grounded. The inspector suggested I install GFIC outlets. Do I need to replace all non grounded outlets with gfic outlets or can ...

I've been saving up to make my first deal. I would like to purchase a duplex (Two-Unit) in Los Angeles-CA. However, I'm aware that due to COVID-19 some banks have changed their regulations. For example, Chase has chan...

Hey Everyone! Happy Holidays.Question: a partner and I purchased a property cash last month (vested in an LLC where we are 50/50 members). We have now started collecting rent, and what to set up the capital contributi...

I have a contract on a duplex and just realized it is in an opportunity zone.  Wondering if the following is possible:
1) set-up a LLC and self certify as an opportunity zone 2) used hard $ fund to close on the prope...

Hi There- I am a purchasing a property using private money. Can anyone offer suggestions on where to find or create the documents? I couldn't locate any resources. I wish to set up a 1 year  non amortizing note with a...

I’m thinking of putting my single family house on section 8, for those who have done it what are the pros & cons? Any information is appreciated. Thanks for your time. Located in CA High dessert.

Hello! I'm currently planning on buying a rental property in the near future, more specifically a duplex. I was wondering how I would go about making a lease and any other details that should be included. 

A brief bit of background: The below checklist is intended to be used during the due diligence period for 2-4 unit properties. It is cobbled together from many sources and so may have some items which are "non-standar...

Hello everyone, I am hoping someone can give me an insight on seller financing. I have a couple of rental properties that I have owned for a few years (purchased through your typical mortgage with a bank). My realtor ...