Forest Wu
Saving on Taxes by Building an ADU for my Parents?
I'm a W2 employee who might move closer to their parents to help them in their later stages of life. Their home is very small and located in California. I was thinking about building an ADU for me to live in to accomp...
Christian Riordan
Selling a Primary Residence when your Parent is on Title
Three years ago my wife's father bought her a townhome for 250k cash. They are both listed on title of the property and my wife has been using it and paying primary residence taxes on it. I got a new job out of state ...
Mike Shahi
New construction/capital gains/death of parent- need tax advice
Hope all is well. My parents own a home in MD and owe about 500k on it. As is, the home can sell for 1.1/1.2. The home was purchased in 2008 for 700k. Mom passed away last year unexpectedly. Now, Dad and I are trying ...
Marie Shultz
Do I write lease for co-signer or other?
Parents are willing to guarantee the lease for grown son (+his girlfriend and their son). The parents will not be residing in the home. Do I write the lease for the son and girlfriend with the parents as co-signers ...
Jessie Huffey
Mold at same time as lease violation
Hi All,My parents tenants were having financial problems and paid their last months rent late. Then the tenants complained that there was probably toxic mold in the house and asked that it be inspected while they were...
Stephen Artzerounian
LLC Structure Questions
Hi all,So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-s...
Leila Moussavi
Private Investors Deal Structure
Hi there!
I'm a new real estate investor looking to invest OOS in MF for cash flow in KC, Indianapolis, and Columbus and Cleveland. My parents are willing to fund my deals and are able to pay all cash for properties....
Bryce Y.
Unique situation - advice please
Hey guys, I have a question about an apartment complex my parents are thinking about selling. This apartment complex was gifted by my grandfather to his 5 children, who are now equal shareholders. He built the apart...
Anibal Zapata
New to real estate..Cash flow help!!
Hello BP,
My parents and I need help. Well to start off I'm fairly new in the Real Estate world but I understand the potential in owning real estate is to develop Cash flow by renting it out for more than the full m...
Justen Ashcraft
Kids jumped off of roof
Tenant a is texting me that tenant b's kids just jumped off of the roof into tenant c's yard. What would you do? This kid and his friends have been a thorn in my side.