I am a part of an LLC with 3 individuals in the partnership. Can I somehow swap only MY portion of the LLC to an S-corp that I solely own, or do all 3 partners now have to be S-corps?Current structure:We <3 Real Es...

Thanks for your insight. I appreciate it, really. Here are my questions;How is the income from mortgage payments to the note holder taxed? Is it unearned income at a lower rate? Are there any tax tips you might recomm...

Hi, myself and two partners have recently formed an LLC (tax treatment as a multi-member partnership) to invest locally. I'm curious if anyone has any experience with commercial loans for small, residential buy and ho...

I was wondering is there a way to wholesale or assign over land contracts... if so how do you go about doing it??..would it be the same as assigning a purchase agreement??

Hello Everyone,I recently evicted a tenant that regularly let pet dog poop inside the apartment EVERYWHERE. When we were clearing out her apartment in front of the sheriff, there was literally dried dog poop every foo...

Hello Everyone,This is my first time posting here and was hoping to get some assistance in reviewing the loan terms I've received from a local bank.  Are they good?  Are they pretty standard?  This is my first time se...

Hello all - this is my first BP post.I have a single family that is zoned for multi. I'm just completing work on adding a suite in the basement and a few other upgrades to force appreciation. I've only owned the home ...

Does anyone know how to remove pet odors from carpet?

Hello all, I have about 3 weeks to nominate a replacement property for my 1031 exchange and am looking for a CPA who can answer questions regarding the tax liability when the replacement period straddles tax years lik...

Currently have a Wisconsin LLC with 3 MF properties, we are currently selling 1 (but likely all 3) with plans to move the funds to invest in the South.  Our CPA advised that it would be best to create a 2nd/new LLC in...