Hi!I'm Darella from Cleveland, Ohio.  My friends call me Dee.I own and operate a Pro Se Coaching & Training service here in Cleveland and have enjoyed it for about 14 years now.  Having worked in the real estate a...

So I am trying to get a tax delinquent list from a county in Washington in order to contact raw land owners behind on their property taxes to see if they'd be interested in selling. On the document required by the cou...

I need to open an escrow account to keep my tenants' security deposit. So far I have stopped by 2 different banks to inquire about escrow account, both of which told me that I could just set up a checking account for ...

I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...

For those that are interested, see the new IRS Notice 2019-07 that was just released. After a quick skim (page 7), it looks like we finally have our guidance on possibly claiming the 20% QBI deduction on rental income...

Hello BP family,I am currently building a database of mobile home park properties in Texas and while I am gathering the property information, I am hitting a roadblock when it comes to finding the contact information o...

Can you turn a 2BDR into 3BDR by re-purposing a living room into a ROOM and creating a LIVING KITCHEN area?
Would this re-purposing be seen as adding an extra room for the purposes of VALUATION? Are there any guideli...

Hello,
First, is there a better / easier way to find the appraised value of a property other than doing a county records search?
Second, After Repair Value is equal to the new appraised price correct (getting an app...

I'm under contract on a duplex (my first property!) and it was recently assessed at $2K below what I offered (it's a short sale). How seriously should one take the assessed number? Does it typically reflect what it co...

Help! Our CPA suggested we form our LLC in Arizona because thats where our rentals are but a business lawyer thought it was weird that he didn’t suggest forming it in Las Vegas, NV (where we live) because it Should be...