I sold a rental property held within a single member LLC.  I would like to dissolve the LLC.  However, I read an article that says I should keep the LLC in case of a future lawsuit by a former tenant.  If the LLC is d...

I am buying a piece of property located in Georgia from a seller in Florida who inherited the property from her ex-husband. The property is held under the name of a legal entity called "CCC Associates." However, she d...

Hi Everyone, we recently just purchased our first rental property and we put it in an LLC Account. We ended up selling the property for a profit instead of keeping it for a rental property. My question is can I go ahe...

Hey everyone. Wondering how everyone goes about forming their LLCs. I was considering using Corporate Direct from the Rich Dad guys but I also wonder why other online places are so much cheaper. Is this something that...

I’m a partner in a partnership that owns land. There are several other partners. The partnership is selling a piece of land. Can I do a 1031 exchange with my my share of the proceeds? Other partners will just take the...

I am a cash buyer of a small multi unit property in NJ (short sale).   The property has a judgment lien from 15 years ago from a corporation that dissolved in 2015. It is for approximately $26K. Assuming I was willi...

So here’s something I can’t answer myself, maybe a more experienced member will know this right off the bat.What happens to a real estate asset’s ownership status then the LLC that owns it becomes dissolved?Here is th...

I read something along these lines (but correct me if my understanding is wrong): that if you get into a partnership and purchase an investment property (e.g SFR LTR 50%-50% with a partner), and then some years later ...

Hi Experts,
We are three partners buying  a piece of property by forming an LLC.  We would like to sell the property down the lane and each of us would like to do a 1031 exchange on our own with the proceeds. We don'...

We own a few units in a 6 unit condo building. The opportunity to purchase 2 more just came up (bringing us to 4 out of the 6)and so we are nearing our goal of owning the entire building. I’m now curious how we go abo...