My brother asked me a question regarding transferring a property from an LLC to his personal name. I know you normally just quit claim the deed. The problem is he closed the LLC that holds the title 5 years ago. T...

I have a friend with an old LLC that he uses for his main business but would like to purchase rental property. His main business is a 7 figure earner so I'm thinking he should definitely separate the two entities. Whi...

Hey BP, One of my good friends is totally just did the worst tax job in 2022 I've ever experienced, I vowed I wouldn't ever use him and mix business and friendship..., but my last CPA totally did me dirty and I had to...

Hi. I'm wholesaling in NJ and I have a bunch of leads where sellers would prefer selling with a realtor or their property is renovated and they want market value. I'd like to share these leads with a New Jersey real e...

Hi All,I know that when you receive a prepaid rent, you treat that as an income on the year that you receive it.  However, what if you use the property manager, and they are the ones that receive the prepaid rent and ...

Im a recent landlord who inherited a tenant and looking for a property manager that has a good track record for dealing with legal issues since this person brings them up weekly. In bristol rhode island. 

I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...

I am a new investor and just had a property inspected today. I have two questions.1. The plumbing scope found new plumbing in the house but outside the house was rusted cast-iron that the scope was unable to continue ...

Lease expired, tenant said he can’t move out because lack of money. I don’t want to rent to them anymore, they were always late on payments. I haven’t accepted any payment after lease expired. I gave them a 30 days no...

I am new to this forum but have seen some really great posts, advice and experiences shared on this forum. I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unu...