Might be a simple question but if a rental is sold from an LLC what amount is used to calculate capital gains tax. The sale price or the net amount after commissions, loans, etc. are paid off?

I notice that several of the multi-family properties for sale in the Hampton Roads area are overpriced, especially if they are in decent condition. My conclusion is that most of the agents do not know how to price mul...

Hello everyone , what kind of addendum or special stipulation should be included in a purchase and sale agreement/contract to protect the buyer's earnest money in case you don't get funded within the due diligence p...

So I now have a contract I want to assign because in the area homes have been priced pretty decent. This home seems to need serious repairs though. The floors need to be replaced because you can feel the warpage as yo...

Does anyone know an real estate attorney in or near San Antonio that could help mediate a situation. I do not want to go to court or spend a fortune. I simply want someone to help coordinate a settlement/ misunderstan...

Hello BP Community,I am trying to decide if I should start a corporation before buying my first investment property.I live in Toronto and am looking to invest in Alberta. I have decided to partner up with another inve...

Hi, trying to figure out how to find out what is owed on mortgage(s) for public foreclosure auction properties so I can determine what might be the opening bid at auction.  Looking in St Louis County and St. Charles C...

Hey! Just wanted to introduce myself to BP and ask a quick question. Although I've been a member for some months now, this is my first post. I'm a newbie investor from St. Paul, MN and I partnered with my brother to p...