I am considering starting a s corperation to own my LLC's that I keep my rental properties in. From what I understand I could pay my self a small management salary of something like $6000-6500 per year, and receive th...

How is a Medicaid Lien released on a property sold at tax sale?

Hello everyone,Looking to learn a little bit more about 1031 exchanges and and 1034..First off, can both of these tax exemption strategies be utilized in tandem? Secondly, does the QI pay your taxes on the house? or d...

Hello, I really really REALLY want to operate as sole prop. I live in Ca with high LLC fees Id like to avoid. I've run other sole prop businesses and I am very  familiar with the paperwork required so I feel comfortab...

Question...

With all these new people on Medicaid, what happens to the properties they take?

For people on Medicaid, the 10 states that plan to go after your estate’s assets are: California, Colorado, Iowa, Massachu...

Hi everyone,

Is there any downside to reducing the rent for a tenant by 1/4 just to have them keep an eye out for anything that needs doing or watching over the property? It is sort of a long-distance property and we...

I'm redeveloping a 138-unit former senior housing building in Detroit into 100% affordable assisted living facility with an adult day care on site. Incomes will be at or below 60% AMI.Obviously, the senior housing sec...

I’m trying to gain knowledge about real estate investing. Can someone give some insight about how to do a 1031 exchange and when is the best time to do it?!

So, I've found myself in an odd place lately:  I'm successful.  For me, that's brand new, and I don't know how to deal with it properly; I'm much more accustomed to the whole "three part-time jobs and scrambling to ma...

How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?