I have a a tax question. I cashed out refi a property under my name into an llc for me and my partner. We took money out and left it into the account.  Now I took money out and my accounts tells me it will be taxed. I...

I formed an LLC in Texas for my 6 rental properties last year. A letter from the Texas Comptroller of Public Accounts says my company’s first franchise tax report is due in May. What is this and do I need to file it f...

Biggerpockets,I'm researching forming an REI LLC with my partner where the responsibility breakdown would be I provide purchasing capital and he provides the actual boots to the ground work to find deals, execute, and...

Hello, I'm in the "education" phase of becoming an REI, and would love to study a couple of wholesaling deal that failed. Thanks BP!

anybody have an recommendations on how to clean very old and neglected tile/dirty grout without tons of scrubbing?  Thanks

I did what most people warn against....getting into business with a family member, and starting an LLC without an operating agreement. Long story short, we need to end our business ties, but there is disagreement abou...

I know in Florida all government type liens follow the new owner. But this particular lien encumbers the property of the now deceased who owned no property when the lien was written. The lien says all property owned n...

A parent split down payments with me after receiving an accident settlement at age 18 to co-own two multi-fam properties located in different states. But now over a decade later, I realize they've not been managed pro...

I’m in the works go setting up an llc for fix and flips for asset protection, up till this point Ive been set on doing a single member llc since I wont have any partners. I’ve been reading Loopholes of Real Estate and...

Hey guys - I'm hoping someone can shed some light on this situation we are in.  I will do my best to summarize this as much as possible in an understandable format. :)BackgroundWe own a unit in a 16 unit cooperative (...