Nick Campbell
Making sure my loan is forgiven
My home is currently going through a short sale with two mortgages. It seems they will both be forgiven. I don't have the money for a lawyer, but want to make sure that the bank or a collection company can't come afte...
James Boreno
How long until I can do another 1031 Exchange?
Hi BP,
Quick question, I completed a 1031 exchange on 9/2023 (about 4 months ago). I purchased a 6 Unit Multifamily as the replacement property and put about $150K in renovations into it. However, after thinking abou...
Brandon M.
Single LLC per property or Single LLC for a group of properties?
I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...
Eric Hairston
Right of Rescission?
Hello BP Community,
It is my understanding that in California, homeowners are allowed a right of rescission period of 5 days before any contract that they enter into is made binding. As someone who is starting out fo...
Manny Lamarre
Homestead Declaration in Nevada
Greetings, I'm just curious to learn or hear perspectives on Homestead Declaration in Nevada. Is it necessary or standard for investors? Or something optional?
Ty Murray
How should i set up an LLC for my business??
It's just myself, no other partners for now, so is it best to have more than one person to form a partnership or does it really matter? Is there any advantages of having a partnership?
Kate Purse
New LLC - California or Texas?
My husband and I live in California and recently bought our first investment property in Texas. We plan on buying at least two more properties in Texas this year, and know we need to form an LLC at some point. Are w...
Aaron Moayed
Out-Of-State Series LLC require Multiple California Nexus Costs?
I'm wondering: if I do a Series LLC in a different state to hold multiple investment properties, and I reside in California, will I have to pay the California Nexus FTB Cost ($800 registering foreign entity) for each ...
Matthew Orton
Possible Failed 1031 & Alternative? Deferred Sales Trusts?
I'm in the middle of a 1031 exchange with three multi-family properties identified and at the end of my 45 day window. I originally had two student housing projects in escrow and on day 43 of 45, the lenders backed ou...
Pei Pei Siau-Cronin
Redemption period for tax foreclosure in Kansas
Hi BP family,Does anyone have experience in bidding tax deed foreclosure property?Me and hubby intend to bid for tax foreclosure in Kansas, but I came across this statement :Any owner or holder of the record title, th...