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All, I own my primary residence and have just purchased a new property I am going to be renting but paid all cash so I own it outright. As I build my business i most assuredly will be using borrowed funds. should I ...
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Many of us plan to leave a good portion of our estates to charities. Charitable Remainder Trusts can be good vehicles for this while reducing taxes. Here are two articles I found. Link to original article at the ...
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Hello Community:I have currently rented a property to a tenant and signed the rental agreement in the name of Trust. The Trust is the on the Grant Deed (Title) as well.We have recently created a rental LLC and I am in...
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Hi everyoneI recently added a rental property to a land trust under the advice of my attorney. Well imagine my surprise (and irritation) when the insurance company said it was not within their underwriting guidelines ...
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New investor, looking for advise on the possibility of using an inherited IRA for leveraging a property. Let me know if you have any experience in this matter.
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Hello BP Community, I need some perspective on the following topic.As a new investor specifically targeting buy and hold properties in the Chicago area, I want to know if setting up an entity ie. LLC, Illinois Land Tr...
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Interesting article about tax liens on the news wire.
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Real estate debts are becoming popular investments
TVPWire -- Everyday, more and more investors are putting money in tax lien certificates.
Tax lien certifi...
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Here’s the background:My parents inherited a property on Cape Cod when my Grandfather died. It is a great property for short term rental. The property is paid off and worth ~600k. The property is in a Life Estate Trus...
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I am currently working with the widow of a deceased homeowner and the situation is a bit complicated. The homeowner and his first wife purchased the house but never had any children but the first wife had children fro...
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I have a situation I am sure a wholesaler has been through but I have no clue how to proceed. I have a neighbor 2 houses down who the house was given in trust to him and his wife from her father. The owner listed is b...