Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...

I am very new to Land Trust and all the possible uses of them, but I wanted to post something here and here opinions on the validity of this transaction. I will try to explain to the best of my ability what I have...

If you transfer your rental property to an LLC, do you notify your insurance company and have it changed to a commercial policy at that point? 

Hi y'all - I've got a question for ya!I recently got a lead who claims that he is the last person on the deed to his grandmothers home. However, no paperwork was ever filed before or after her death (property is title...

Hi all,  and thanks ahead of time ...
I was told by a 7-figure earner in the online marketing (not notes specifically or even REI) space over the last 15 years personally yesterday that it's strictly illegal to text ...

Im working on my first Subject 2 deal however my usual exit strategy is BRRR. The home requires heavy renovations even before making it livable so after renovating what are the options to refinance?  Or is my only op...

Hello BP community;For those of you who have acquired investment properties with "little to no money down." How did you guys do it? I have considered receiving a gift from family and HELOC. Has anyone ever went to a b...

Hello,I have decided to invest out of state and have spent the majority of the weekend scouring forums, websites (Zillow, Realtor, Census Bureau, Bureau of Labor, and many more), blogs to put together a spread sheet t...

Thoughts on this….
This article was sent to me from my CPA after I asked a question about my current note investing and investments I am seeking to get in on, which includes anything from individual purchases with a ...

Hi Everyone, I just bought my primary residence and am planning on renting it out. I am the sole proprietor of my LLC and would like to be able to collect rent money through my LLC so that it is profitable and I can u...