Investment Info:

Single-family residence fix & flip investment.

Purchase price: $234,000

Cash invested: $98,000

Sale price: $380,000

This older house and the owner was a Hoarder, both cats an...

Hello. My sibling and I are about to inherit property from our father’s estate. We are both inheriting a 12 unit apartment building and each of us is receiving an additional separate property, one is a single family h...

Getting ready to show my first rental house tomorrow, and have a quick question about employment verification. Should have I asked potential tenants to bring a document with them to the showing? Or do they typicall...

I will be out of town for the closing on a property I am buying with co-investors who live in NC. They will be signing at title company in NC. Is this form the correct one for me to assign limited POA to cover real es...

Hi guys,I have a question regarding Living Trusts. I am a US expat living in Japan, which means I have the difficult task of navigating both US and Japanese taxes and laws. I created a living trust last year with an a...

Hello BP,I live just outside of Boston and am interested in purchasing a short term rental property in the North Conway area (for those not from New England), North Conway is a popular destination, as it is within 30 ...

I have several entities that hold real estate. It's time for me to have umbrella brand for my "company", similar to big developers. However, I have no need now for a unified PM  or single development corporation right...

Hello everyone.  I have real property which is mortgage free and want to transfer into a LLC for asset protection. I am drafting the Operating Agreement and have been doing some research.  However, one thing that I ca...

I thought that would get your attention. Buying Foreclosures using Subject To with little down is all the rage right now.
Well, that's how I started out 30 years ago. Did I know what I was doing, not really. Do I kn...

Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.

Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...