Hi BP!I am considering selling a property owned in my name and buying a bigger property. I would like to have a single-member LLC own the new property. I read that the name on title for the upleg and downleg need to b...

Hi everyone,

I'm new to real estate investing and are planning to form an LLC to start flipping houses. I'm looking for some direction on who to consult for the following topics:

1- What type of corporation is recom...

Good afternoon BP,I have a quick question about paying a bird dog that isn't in the business to bird dog? If someone brings me a property address and I end up closing on it then pay the dog a few hundred bucks, I'm go...

Should I form an LLC to start Wholesaling Deals? Is it necessary to do this right away and what are the benefits of having one? 

If a tenant's motorcycle insurance pays the property owner for a claim of damage done to the rental unit should that payment amount be listed as income for the owner on the Schedule E?  

I need to set up my LLC, I have a partner what is the best way to start? 

So I understand I will need to consult a tax professional. But I'm wondering about perspectives on renting to yourself...i.e. You personally pay your LLC for use of a unit...in this case it would be a for use as a sec...

Hello All,This is my first post and it’s a doozy.   My Father in law purchased his home back in the 80’s.   It’s in California and the tax basis is quite low.   The home is owned in a Trust and his 4 children are the ...

Investors often ask “what happens to my 1031 exchange transaction if I sell my relinquished property and cannot find suitable like-kind replacement property to identify, or I cannot acquire the property that I did ide...

Hi. First time poster and first time buyer. Have been debating a bit on whether to buy a ready-to-move-in single family home or a duplex (to live in one unit and rent the other) in Queens, NY that needs quite a bit of...