Scenario: Parent and child co-own a non-rental property. Parent lives in property, child is silent investor living elsewhere. At sale of property, a $300K profit is realized. 
Question: Is full $250K cap gains exempt...

Hi BP Community - I have created an LLC to hold title of my rental property and a parent LLC that is the manager/owner of that LLC. The parent LLC will be the pass through and parent for all future properties. For pra...

If someone is purchasing a home for their parents to live in, seller is holding the mortgage, as investor the Dodd Frank rule doesn't apply.  Would Dodd Frank apply if the parents are on the purchase contract as buyer...

Hi all, I've been looking for about a week now in Los Angeles for an attorney who specializes in entity formation, with experience geared towards real estate.We are establishing a multi-member LLC as a parent company,...

I have talked with two different attorneys. I got opposing opinions on below and wanted to get what others know (or do) on the subject. Please note that this is for a Texas Series LLC.
1. Imagine you have a Texas Ser...

Hi all,We recently bought and fixed up a house within a few blocks of a university.  The economy of the area makes it a no-brainer to target students.  I'm just wondering how successful landlords screen student tenant...

I received a property from my parent as a gift. The quick claim deed was for $10 or $100 and my parent bought this property for $130,000 a few years prior. I use this property as a primary residence and to rent out on...

Hi, Young boy and girl friends tenants  planning to move-in together.  Both know each other for many years, in stable job for more than 1.5 years, together make 3x rental.   They have no savings and last 6 months bank...

Hey All,I am in the process of aquiring my next rental property and decided to finally put this one under an LLC. We have a dedicated bank account, insurance policy and the property will be held by the company.Now my ...

Disclaimer:
- I'm a brand new member so, if this isn't how I'm supposed to ask questions, I'm very open to learning the correct way
- This is going to be long and cover multiple multi-part questions; please bear wit...