Hi BP - need your help with this situation:
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property C: The last property was held in Acme LLC with FOUR,...

I just stumbled upon this. Another plus for section-8 rentals. Albeit a small one.

From the IRS:

The applicable percentage used to figure the ordinary income because of additional depreciation depend...

My wife and I understand that we could give our home to an adult child when we pass away and that our adult child would pay no capital gains taxes on it.
But, we have multiple rental properties owned by our LLC and w...

I was doing a research for a customer and realized Bp community can also benefit from this. I personally believe, Qualified Opportunity zones almost as effective as 1031 exchange.  Trying to keep this simple and just ...

Anyone in the East Bay know of any foreclosure auctions or pre-foreclosure auctions. Im aware most are held at the courthouse steps, whats the dates those are held. What are some possible other auctions held outside o...

Say I buy an investment property tomorrow with a partner and we split the down payment and equity 75/25 (75% him, 25% me), and the total monthly payment is $1,000. If I go to buy a new house hack property next year an...

Can I use the 1031 exchange from a raw land purchase to a small condo and then rent out the condo/house?My situation is that I've purchased some land on the coast and if I flip it can I take that gain and put it into ...

So I understand the general answer would be to discuss my personal situation w/ my CPA, but in general- how would it work if I wanted to use a 1031 to defer taxes on a property I sell, but do so via seller financing? ...

When real estate is held by an LLC of a husband and wife in a community property state, and then sold at a profit after being held for at least one year, does the LLC qualify for Capital Gains Treatment of the gain? H...

When wholesaling, once I get a property under contract with the seller should I take our contract to the title company immediately? Or do I find a buyer first and take P&S and Assignment contracts to title company...