Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...

I've been talking with my parents about potentially buying their house to 1. free up cash for their retirement and other real estate investing 2. realize tax benefits for depreciation and the house is 30 years old and...

Hey BP community,I hold a small portfolio of four properties in Memphis. I am sorting out my cash out loans on my SFR's in Memphis. Have hit a major hurdle with lender and title company with notarising the docs by the...

This is not a situation I have in front of me but I'm doing some exploratory thinking. What if I was talking to an elderly couple that were concerned they would run out of money but want to continue living in the hous...

Would anyone have a copy of a good Operating Agreement for Wyoming LLC?

I’m a new investor with a W-2 and 1 STR purchased in 2022. Looking for an affordable tax prep service. I’m not afraid to spend the money to work with a pro, and thoroughly understand you get what you pay for, but I’m ...

It is recommended to use Private Money Lenders? When is best and when is not?

Spoke to a colleague of mine who recently lost their father suddenly and has no interest in his property. I mentioned putting in a cash offer on the house with the hopes of wholesaling and they are motivated to do so....

I have a piece of land in another country that I paid $20,000 for in 1989, its currently worth give or take $300k based on other comps in the area. If I was to sell it and net lets say $275k. What would I owe in taxes...

Hello all,After doing a lot of research on LLC's for investment properties, I luckily came across this forum. In 2013, I created three LLC's for my three investment properties and did nothing with them. I did not know...