First time post, I would like to start my LLC. I am looking to see if anyone has any good recommendations for how to go about it. I have a house in FL and one in NY. Would like to turn those properties to be paid into...

Can I safely assume that all liens get wiped out at auction, including mechanics liens, back taxes, whatever?

Have you heard of this? and what can I do? I closed on a house last week, but didn't really close.I closed on a fix-n-flip in Denver, Colorado (Commerce City to be exact) on Wednesday last week, but title called me th...

My partner and I were new to Real Estate investing 10 years ago and bought a rental property and placed it in an LLC outside the state of the property.  We never realized that it was necessary to file as a foreign ent...

i am renting 3 properties.  when i bought my first rental (rental 1) in 2013, i was a noob.  i didnt read much on this forum but i knew the property was a good deal.  the home is in my name and only my name.  in april...

me and my brother inherited my parents house it's paid for and he wants to live in it so my half will be financed to me do I have to pay taxes on my half 

Hello, REI'S! Hope everyone had a great holiday!! Enjoyed some good food and fireworks displays! I have a question for the community: When I first decided I was going to get into REI back in January of this year, I se...

Looking for some advice from any flippers in New York.  I'm planning to do some flips this year for the first time in the Albany NY area, I'm in the process of forming the company right now, meeting with CPA's, lawyer...

I bought a condo unit back in March. I got a good price on the unit and have been very happy with the profit I am making on it. Recently I received the tax bill for 2014. When I bought the property, the taxes were sho...

When wholesaling should you have a federal Id number etc to claim money, or would you declare this as extra income on your personal taxes?

Also, do you really need to have an LLC for wholesaling when starting out sin...