I've lived in my present home for 3 years. I know that if I sell I don't pay capital gains at this point. However, if I rent it or lease option it for another year or two, am I then subject to capital gains taxes whe...

Hi Everyone,my name is David Law. I am investing in property and I teach others to invest too. Just a few years ago I have switched business and become a full time real estate investor. I have found out that the best ...

Hello,I am looking to get a solid lease in Illinois. What are the best resources and can I get it a free lease somehow? Thank you for your help!Danny O

Can anyone recommend a real estate attorney in the Inglewood/Gardena, CA area? Or Los Angeles area in general?

hi i am purchasing land from a business and the other person on the deed is a person who is passed away. The business owns 75% and the dead person owns 25%. I was told i need to do a quiet title to get clear title. i ...

Hello Everyone.Here's the situation:  A homeowner wants to sell a property he inherited.  The mortgage is paid in full but $11,000 is owed in back taxes so it's in pre-foreclosure.   He's willing to let it go even if ...

So, I own a duplex in my name only. I also own other rentals in my LLC with two unrelated partners. What does it take to “fold” (sell?) my individual duplex into the LLC? Partners pay me 2/3 of equity and we do quit c...

Hello BP community!Does anyone have a referral for a CPA?  We are based in California but our investment is in Chicago.  Not sure if that matters in terms of finding a local / non-local CPA.Thank you in advance for yo...

I'm looking into purchasing a 6 unit(2 businesses and 4 residential) that is owned by a LLC that only owns this one property.  I was wondering what the advantages/disadvantages were to purchasing the LLC instead of th...

When driving for dollars, you find a property that needs some love. Your research reveals it’s owned by a bank but not listed with a Realtor. Is there a way to make an offer on these?