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Results (10000)
Richard Rodriguez Should I go on Title?
8 September 2021 | 4 replies

My mother recently purchased a property in a 55+ community and is the only one on title. I'm the only child and she is divorced. 
I'm thinking it's always best to avoid probate and was wondering if I should also go o...

Sara F. AirBnB Setup from a Distance - Need Advice
14 November 2024 | 6 replies

Please give me your best advice for STR setup from a distance. How did you find someone to oversee the set up and also be your boots on the ground as needed for emergencies once the rental is ready? Not looking for a ...

Phillip S. Indemnity deed of trust - is it a good idea?
24 February 2020 | 1 reply

Question for anyone who may know the ins and outs of this.  I'm in the process of doing a blanket refi on two of my properties that are owned by my LLC.  The bank is setting it up as a commercial loan where the LLC is...

Devlin Man Question about title of a foreclosure property with multiple mortgages
10 October 2010 | 1 reply

BP Community,

I'm looking to purchase a property in Boston, MA which has a troubled past. There are approximately 5 mortgages recorded against this property and only 1 release recorded. The hold...

Doug Wint Tax Paid on Gift (Private) Money
1 August 2016 | 2 replies

Hi everyone,My in-laws are gifting money to my wife and I toward the down payment on our first home. From what I've read, it's best to let those funds sit in our account for about two months to show that it is indeed ...

Stuart Fillmore Purchased mother-in-law’s home, but facing a large tax bill
3 April 2023 | 2 replies

I have a friend who sold their Utah rental home in order to fund the purchase of their mother-in-law’s home (also in Utah)—to provide her the funds she needed to live out her last few years. They were planning on ren...

Stefhan Malherbe Tourist (TDT) tax question
6 February 2023 | 2 replies

Hello BP community,I pay the TDT tax to the county each month for my monthly STR income.However, I have a 50-day booking which covers most of February and March. Since this is a booking of more than 30 days, do I stil...

Gabe Belloli Selling LLC with property in it or sell property by itself?
5 October 2021 | 2 replies

Recently it was brought to my attention that instead of selling an apartment complex as an individual asset, you can sell the LLC which own that asset and avoid or at least significantly reduce what you owe in taxes. ...

Cade Schacher Capital Gains on Primary Residence
16 June 2018 | 5 replies

With your primary residence can you avoid the capital gain tax if you have lived in it for less than two years? Would you be able to do something like a 1031exchange but instead of business or rental property it would...

Jaden Ghylin Entity for a new flipper
21 March 2011 | 7 replies

I just broke the RE investors code. I jumped into flipping a property without having all the details hashed out ahead of time. I came across a good deal and had to move, so now I've got a property that's almost thro...