I am interested in opening an LLC in order to build credit for future real estate investments. I've read online about the benefits of opening LLCs in Wyoming but I still have several unanswered questions. 1. If I open...

I am looking at purchasing my first multi family ~40 units.  Would it be wise to structure a out of state LLC (Nevada) for anonymity and asset protection?   I currently have an instate LLC which has 4 Properties in it...

Hi there,Just got 2 supplemental property tax bills for a house I purchased earlier this year in CA.Anyone know if lenders typically allow the use of the money from an impound/escrow account to pay for these or on my ...

Wholesalers,How do you explain to the seller the fed/state tax liability that comes with the sale of their home (assuming it's a second home - not their primary residence)? Since most sellers are hoping for a quick ca...

Hi All -My husband and I are looking to buy our first multi family property on the east side of Providence, RI. The home we're interested in is a duplex with 6 bedrooms and 3 bathrooms. We plan to live in the upstairs...

I’m hoping someone can give me a clear answer on this. I have a SFR that I’m starting a cash out refi on. I bought and fixed the property with a HML 9 months ago. After submitting documents to my loan officer, he e...

Hello all!
I'm a new investor in my 20's, getting ready to file my first year of owning a Duplex - renting half and living in the other half. My questions surround how to structure my taxes of course. I've always fil...

Hello BP,     I am starting out in Real Estate and I was wondering for my first purchase into my portfolio should I buy under my own name, or an LLC?I know down the road this would be beneficial for tax purposes, but ...

I’m hearing this new CGR could be a very bad thing. I’m not discouraged, but would like to get some guidance on how to maneuver it so that I can help my wife (and myself) purchase with confidence.

Hello BP! I'm hoping to pick you guys' brains. This would be my first real foray into both renting and flipping.Background: Husband and I currently have a home. I'm working with a seller right now that I originally pl...