Sanjeev Advani
LL Flooring Joins the Wave of Retail Liquidations: Closing 400+ Stores Amid Bankrupt
LL Flooring, formerly known as Lumber Liquidators, is closing all 430 of its retail stores after failing to secure a buyer during its Chapter 11 bankruptcy process. The flooring retailer is the latest in a growing lis...
Andrea Finkelstein
Help Please - Advice on Cockroach Infestation in AZ
Hi everyone! 'Hope everyone is staying healthy and doing well. I own condos and one of my tenants has had a growing brown banded cockroach problem for about the last 4 months. My tenants are extremely clean and vigi...
Mohamed Berete
Does equity partnership makes sense for me?
Hello,I am looking to acquire rental properties in the Cincinnati, OH market. I make good money, financials in good order, and own a primary residence already. As a way to scale quickly and reach a target goal (25+ un...
Jon Loca
Minneapolis Lawyer familiar with elderly asset protection and RE
My father and I purchased a property 2 years ago cash. At the time of the purchase the property was deeded solely to his name. I would like to now transfer the deed to an LLC, in my name, while doing a cash out refina...
Gurpy Ont
LLC Partnership or Corporation structure
Hello BP members, We (two partners) are planning to purchase a cash flowing rental property under an LLC. From what I understand, LLC can be elected to be treated as 1. disregarded entity/partnership for pass through...
Calvin L.
How to swap ownership with a sibling?
Hi I own two properties of roughly equal value with my sibling. Each of us own 50% / 50% of each property. What's the best way to swap ownership so that in the end each of us own 100% of one of the propertys? Is there...
Leo Rodriguez
Crazy tenant! Need help!
Here is the story. I have a tenant renting a unit in a 4 plex in Las Vegas, Nv. He hasn't paid this month's rent. He was served with the 7 day notice to pay or quit. Today I filled for eviction, but the court is going...
Tom Anderson
Startup Rhove is offering renters a vested interest in their Apts
I recently read this article by Fast Company on a new real estate startup called Rhove out of Columbus, Ohio. The quick summary is they're offering renters in their buildings a small piece of equity on the property th...
Bob Willis
LLC whose only member is my SDIRA buying a property Subject-to - triggering UBIT
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Robert Dobbs
National Assoc. of REALTORS® wins relief from the IRS
IRS Extends Tax DeadlinesThe IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are desi...