Hey Guys!!!

I am in the beginning stages of becoming an investor and I plan on focusing primarily on flipping houses. I'm in the process of doing a lot of research and within the next month I will obtain my LLC lice...

Hi BP members, I have not given much thought about liability protection until now, but I recently started reading books written by Garrett Sutton, and cannot help having questions. (1) Does Michigan afford charging or...

New Investor who will be purchasing their first multi-unit (2-4) this year.  I had a question about my LLC.  A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...

Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...

Hello

I am turning my home into a rental property in SC and am moving to IL. I may buy a place in IL and eventually rent it out as well. I was told an Scorp in SC would be best but would I be able to use tha...

1. It seems like taking advantage of depreciation and all of the tax benefits of real estate are lost if your income is >$150k, unless you are a "real estate professional", right?2. I've read a lot about legal enti...

A client of mine is purchasing a unit in a building that is NOT a Condo, rather a Co-Op. I want to give him a loan, but am not sure of how the dynamics work for securing a lien on the property. Has anyone received a h...

I was wondering if anyone has referral for HELOC on investment property in Ohio. PENFED and NAVY are out - I have more then 4 financed properties.Huntington does them but at 10% interest.I searched the forums and saw...

I'm about to close on a four-plex in an opportunity zone; is it too late to create a QOF?  What are the steps?

Good morning, BiggerPockets!
First, let me save you the trouble: you are not my attorney nor my CPA and any advice given is for educational purposes only! 
Second, thank you for taking the time to respond. The shari...