I have several rental properties in my home state of NJ, all owned in a NJ LLC. I’m wondering, if I buy out of state should I set up an LLC in the states where properties are located?

Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...

I’m a real estate agent and have been approached by a neighbor who is in the very last stage of foreclosure (within the month). We are meeting with them tomorrow to discuss and view their home. At this point we couldn...

I’m closing on my first SF Rental Property in the Cincinnati area. I’ve filed for my first LLC and plan to quit claim deed into this entity after the loan closes. I’m planning on buying at least 3 properties by year...

Hello all, So over the last three months I have been getting inflated bills and strange answers or no answers while trying to get to the bottom of it. I demanded a receipt for appliances that were put in and I...

One major problem with owning rental real estate is liability. People can sue you for any reason — or none at all. If you hold title to your real estate personally you could lose everything. That’s why most real estat...

Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them.  Today is the day I can file for eviction.  Last night I get a text from the tenant saying I can come pick up the r...

My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...

I have 2 properties under contract, one in my name and one in the name of my LLC that I just opened. I have a bank account and credit card I’ve been using so far for the one in my name, and once I get my EIN I will op...

Hello there! I am new here, this is only my second post. I was wondering if any of you wholesale probate properties? I am asking this because I went down to the courthouse to find the leads and I could not find the de...