So both my Partner and my's parents have large IRAs. they would like to invest with us using their IRA. Is there no way for them to lend to us using an IRA? because we are "disqualified persons". Is there any work aro...

Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...

I found a home in Delaware where the bank has charged off their lien on an unoccupied, boarded up home.

The city and county are owed a few thousand in taxes.

Can I call the city and county and offer to pay the taxes...

The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...

Hello All,
I am working on refinancing my own primary residence and owning my rentals in a multi-member LLC seems to be affecting my ability to "add back" the depreciation that this can normally be a done with when ...

So here’s the situation, my parents are financially strapped and are considering selling their home to me so I can rent it out to them for less than what they’re current mortgage payment is. I’m not so interested in b...

Are there any tax disadvantages to transferring rental properties to a single-member LLC with disregarded status? In particular, would this have any adverse impact on the stepped up basis applied to properties inherit...

Hi BP. I'm interested in learning about purchasing property with a self directed IRA. I have a 401k from an old job that is sitting, growing slowly. If I can learn how and it makes sense I'd like to use that money to ...

Hi Friends! My wife and I are San Diegans, and restaurateurs. We sold our home at the start of COVID with the hopes of buying either a multi-family in San Diego, or something "reasonable" in San Diego as well as an in...

Should I keep my cash flow in an account by itself or keep it in the same account that we collect rent money from and just leave the difference in from the mortgage?