Hello,I recently bought my primary residence located in Houston, TX (Harris county) in February, 2016. I would like to claim this property as my homestead. I have learned that there are two main advantages:1. I can wr...

I received a tax certificate from the state of Alabama on a 4 acre parcel. I have already accessed the property in my name at the Jefferson county courthouse.
There is no structure on the property but there is someone...

Hello Everyone,
I have decided to form a LLC for my next rental property. After speaking with an attorney I have a decent grasp on the pros and cons of having my wife as a Co-owner of the LLC. When asking about the s...

I have a tax-related
question that I couldn’t find a direct answer to in the forums.
I live in Texas and
considering investing in a multi-family partnership (LLC)
that is registered
and operating outside of Texas...

I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money.  I've read all the arguments for and against...

Hell BP!I’m looking for some help regarding LLCs and having rental properties in multiple states. If someone could provide me with a little information on how to obtain, or any legal help would be much appreciated. I ...

Long term vacation rentals are properties rented for one month or longer, while short term rentals are properties rented for one evening up to one month.There are pros and cons to each type of vacation rental property...

I am fairly new to the state of Florida and in 2015 purchased my first investment property, a duplex.  The state of Florida doesn't have state income taxes and usually it is not necessary to file a return.  However, I...

I'm living in the bay area, CA and looking to invest in the Phoenix, AZ area. Should I start an LLC first before buying or later on down the road move it to an LLC when I have a couple properties?Thanks in advance for...

HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...