As I'm closing in on my first rental property, it occurred to me that any rent checks are going to be written out to my name since I'm managing the property.  I haven't been in any hurry to set up a business entity si...

Hi FH family,

I received an offer on a home I have under contract. Asking $16k, will take a minimum of $12k, which will give me a $2k fee. I have an investor who has offered $14k, if I would accept a $5k non-refunda...

I'm hearing that nothing is more advantageous from the tax standpoint than real-estate also one never wants to part with good properties but use it as a cash cow. Help me connect the dots.Let's use a portfolio of 10 S...

Hi Y'all:I'm exploring the possibility of getting into Transactional Funding and would love to hear your experiences from both the lender and borrower perspective. I've done some preliminary due diligence (as the lend...

Okay hello...I have this friend he has this property that he owns yet there is a situation where people think they own it. They think they bought this house but they actuallyBought lot next door. The realetor messed u...

I have been hunting for a property manager in my area with minimal luck. However, I found a person who seems to fit the bill, however he found me on Facebook. I can't seemingly figure out if he's legit or a con artist...

Hello,

I wrote a lengthy introduction and thought it posted. Id did't, so now I have to start over. In short, I am expecting my lawyer to call anyday now with a settlement from a False Imprisonment and Arrest I su...

Hello BP community! I am a newbie getting started in the real estate world by focusing on wholesales. My approach to finding deals is door-knocking on pre foreclosure properties. I'm planning on doing my first round t...

Hi everyone!I know real estate brokers and salespeople need a professional license to conduct business in Wisconsin, but does anyone know if a real estate investment company needs a business license to conduct busines...

I've searched about this but am getting conflicting info or maybe just misunderstanding what I read.
Two months ago I sold my primary residence in Houston, Texas. Profit was about $100k. 
I file taxes as single.
QU...