Scenario:Sell a rental I've held for many years in an LLC.  Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res.  I hold t...

I have a questions hopefully someone can help me here, I am transforming LLC from partnership to single member, on state level is fine, but I’m intrested on what to do on federal level? Do I need to dissolve entity an...

Can someone help me calculate the ROI per year that my wealth will increase?If i buy an appartment for 45.000$ with a downpayment of 15.000$. The rent is 250$ a month and the property value increases yearly by 5%. How...

While the total $$ offer is acceptable, BUYER approached and said they would buy the property if they could do half at closing on paper and half in a briefcase in cash.  My thoughts are ...um, lemme do some research. ...

I been involved in REI for a couple of years and for the last 18 months focused on lease options averaging about $3000/deal.

I am considering changing my focus to wholesaling in that I want Bigger Pay Days!

Assignin...

I was told I need to have my chimney lined in my rental house. I've heard horror stories because chimneys weren't maintained properly, but I don't know if this is coming from a reliable source. Is this worth doing? Al...

I have two offers on my listing as follows:First one $ 325,000 without Home InspectionSecond $325, 000 with home inspection and escalation clause of $ 5,000 up to $350,000.  Just wondering if I can pick up the first o...

I checked with my lender to ensure that a quit deed claim is something they're ok with.  It's being purchased under my name.  I've upped my umbrella insurance as well.I live in Washington State.  Investment 1 is in Al...

Hello BPersSO,finally after 9 months of reading books,attending seminars and looking to over 120 properties I got one under contract and the option period starts tomorrowIt’s a duplex and I’m gonna house hack it.I nee...

Hey there BPers,Question:  I'm JVing a deal (50/50 split net sale proceeds) and I am curious as to when this split should occur to avoid incurring any unnecessary capital gains taxes.  I'm assuming the 50/50 checks wo...