I'm in the process of purchasing a condo for rental. But down the line I want to purchase several. For tax purposes is it required to have an LLC or similar to right off business expenses or can your average citizen...

Wondering which class assets syndication provide the better tax benefit, ie paper-loss in year 1.  I'd like to offset my capital gain tax but not wanting to do 1031.  Mobile Home vs Storage vs MF for that specific pur...

Hello, this is my first post on bp. Here's the story.

I have a single family home that was first a rental for 2 years, then I moved into the house a year ago. I plan on living in the house for another year then selli...

I'm looking for some knowledge around insurance. I own a rental property and it is a LLC. The property has 2 different units on it. The main house and an accessory dwelling unit. Each unit is rented out to different t...

Newbie wondering at what point does an investor decide to form an LLC?

Hi Everyone, I am new to investing & I wanted to find out from veteran investors if buying my first property under me would be better than my LLC?

I am working with an attorney to setup my first LLC. Since this is my first business, I'm trying to figure out how to handle the expenses when the 2019 tax season begins. Since I had to start the LLC with my own perso...

I am thinking of forming an LLC. My sister and I are trying to get into REI. We want to do small rentals (multifamily homes) and flipping as well. We are in upsate New York. I am hoping an LLC will help with loans. My...

Hi, I'm in contract on a multi-family house and it is already more than 3 month - that's much longer than the 60-day contract we have. And I can't close because the seller still has to get done a few things, he claims...

I have a single member LLC (sole proprietor) and I'm wondering if I must pay taxes on an angel investment? I intend on withdrawing most if not all of the initial investment. Thanks!