BP Nation:

Am in need of a quick read on this unusual situation with a distressed investor/seller unloading several properties. We are trying to buy just one. My agent is asking her broker as well as a settl...

Context: Detroit, SFH tax-foreclosures...properties ranging in value from $3K to 30K....no mortgage financing, only cash purchases between investors or investor to occupant / tenant.Questions: Are there any legal issu...

I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA).  Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...

Hey everyone,Just as the title says, how much are closing costs when you buy with cash?I've been looking at different forms of financing and I heard of fund and grow from a local Chambersburg Investor. Essentially, fu...

I’d like to purchase a property and I’ve worked out the purchase price with the seller. However, the seller’s mother’s name is on the deed who he says he paid out (has payment documentation) but I guess never handled ...

I have an investor who is putting up the cash to flip some houses.  We have an accepted offer with a bank right now and we would like to purchase the home through an LLC.  Is it possible to have my partner with the mo...

Bought a single family home for a flip $271000 cash last November. Planned on being in it less than a year so I put it into a LLC (that I started in 2015) for tax purposes. The LLC only holds the house. House is worth...

Hi Everyone! Close relatives buying rental property together but one person (myself) will be the operator with down payment help from family members. I'm curious on how best to structure this approach: Who owns what, ...

Hi All, quick question:I inherited a Manhattan apartment from a parent who was a NJ resident. I am executor of the estate and was named so in the state of NJ. I am now trying to transfer the apartment from the estate ...

BP, I own a 33.33% membership interest in an LLC that holds a two-family property, alongside two partners with equal stakes. Due to strategic differences, I plan to dissolve my interest within the next 3-6 months. How...