I've got my first couple of purchases nearing the real estate closing date.  I'm wondering if someone has a checklist for closing and making the transition in ownership for a new multi-family property owner.  The prop...

I am trying to acquire a vacant lot here in Florida that has fallen back in taxes, it seems that the owners have not paid taxes in 3-4 years, and this year a larger penalty was assessed for letting the lot go overgrow...

Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...

Hello, i am trying to put my rental property under my llc but i need help filling out the pcor form. i dont know which boxes to check.

Hello all! First post here and hoping to get some insight. This is a very informative forum to say the least. Here's my issue - My son and I have decided to get into the tax sale game after discovering a certain house...

Hello BP Family,I am inquiring about some advice on Bussiness Tax/Law/Operations. I have an up and operating S-Corp that I am the sole owner of, I also have a recently created LLC with a business partner for Real Esta...

I am in the process of forming a LLC with a minority partner. we would like increase his percentage over time, based on a current valuation. my question/problem is that I would rather increase the capitalization of th...

I am buying a rental house with a friend. We are using an LLC. Does anyone have recommendations for what to put in the OP AG besides the standard stuff? What do we do if we disagree on things? Should we have in the...

I've searched this forum and googled and checked irs.gov, and still fail to understand this requirement about ownership. Everyone seems to ask questions about the residence requirement which I get. You have to live th...

I’m trying to sort out some finance nomenclature and how it relates in partnerships. I understand that in a typical capital stack, when financing a property, you’ve got debt and equity. For example, if you get an 80% ...