Tax Question... I have a Commercial Property within an LLC. Tenant wants to purchase. What is the advantage and/or disadvantages of selling with or without the LLC attached for me? Or is there any? Im in New York stat...

Greetings, I'm new to BP. I'm considering investing in a project with AcquireRealEstate.  Has anyone had experience with this group? One specific question I have with this group and others is what prevents a sponsor f...

I've been in contract since January to purchase a property that is contracted to close by 5/31.  I have funded escrow and completed by side of the agreement.  Because there were some boundary questions that I wanted r...

I'm acquiring my 5th buy and hold property and plan to rehab for about a month, then market for rent. My current 4 are under personal landlord insurance policies through Geico and umbrella is also through geico. All r...

I have been researching revocable trusts and came upon this interesting presentation that advocates use of a living trust in conjunction with an llc as the beneficiary:http://andersonadvisors.com/wp-content/uploads/20...

Exploring to participate in real estate multifamily deal as a Passive Co-GP.  Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...

Do I need guidance in this category or do I just google “create my own LLC”? Just trying to gauge if there are any particular details I should know about or if it’s pretty straight forward to figure out on my own.

Hi BP,Can you make distributions from one LLC bank account to another LLC? In other words, if I have a surplus of money in one LLC account and the other LLC has need of capital for construction, can I transfer from on...

Hello All!I'm looking at purchasing a property subject to an existing Deed of Trust.(I'm bidding on the second position) The owner passed away in early 2019. There was a Notice of Sale on that DOT posted in February 2...

I get this question pretty regularly from clients so I figured I'd document my answer here to refer back to. Full disclosure, I am not an Attorney or CPA so I recommend you consult with yours however this is what I ca...