Hey yall can any one explain to me the taxation for LLCs. First, do folks use their home owners insurance as an alternative to LLCs? Which type of LLC entity is best for investors owning several rental properties. I k...

I am sending out yellow letters to property owners that have liens on their homes. If I was to put one of these properties under contract who pays the liens? How do the liens come into the price for the seller or buyer?

Hi folks,I was wondering if there is a standard approach to determining the prepaid property tax at closing.  In the past I have paid taxes based on the Tax assessor's evaluation of the property.  However, I recently ...

Howdy,So...after getting paid for a wholesale deal - let's assume a simple assignment of contract that's stated on the HUD - how is that taxed?  is each state different?  what if you sell an LLC which "owns" the contr...

Good evening everyone, I'm told there is a higher level of property taxation for anyone buying real estate as an investment property. Can anyone provide an example or resource that would give me some insight as to how...

HelloI would like to know how does the taxation work when selling an owner occupied Duplex.There are two scenarios here, 1) The rental unit has similar square footage as the owner occupied unit.2) The owner occupied u...

I've been researching how I should structure my real estate investments. I currently have all my assets under my personal name. As I grow my portfolio, I want to reduce risk, taxation and free up my personal cash vest...

Howdy everyone, I've got a question for you tax and legal gurus. I'm getting highly differing feedback from my lawyer and CPA on the proper structure and taxation of Texas Series LLCs.
The CPA is advising that each ...

I am a limited partner in a non real estate business. Can I offset my Limited partnership income or a K-1 distribution income with my suspended rental property losses.

Hi everyone! I hope that you are fine. I am new in the Biggerpockets website. I have a little question and I didn't find the answer anywhere else. Does anyone knows what is the interest rate that the government takes ...