If you purchase an existing LLC that holds real property do you avoid transfer tax?

Do you keep the existing basis?

If anyone has done this an can elaborate on The pros / cons I would appreciate it. I'm going to co...

Hi,

I have a condo that has no mortgage (I paid cash) in Houston, TX. A buyer came to me asking if I can seller finance to him as he is finishing a similar (owner financed) deal with a unit he lives in in...

I'm considering buying timber land and I'm trying to figure out how to do calculations to determine good deals. My ideal situation is to find arbitrage opportunities where the price of the land is less then what the v...

Hello BP! A newbie here from the Golden Triangle. I've been lurking for a few weeks and decided to sign up and do a few webinars. Looking forward to learning and networking in my area. I am currently in the IT field a...

Hi everyone, my name is Asma and I’m new BP member :)I have been an IT consultant for the last 9 years, and bought my first rental property last year in Austin, TX.  I live in DC, but spend a lot of my time in TX, whi...

In lease options where do you as the investor sign the lease purchase contract with the seller? In his home? At Your home? Attorneys office? What is required, same thing with you as the investor and buyer of a lease o...

In my 9 unit complex, I recently rehabbed a unit with new carpets and then filled it with a new tenant. A month later, they're asking if they can get a cat. It strictly states in their lease that no pets are allowed h...

If my deductions are greater than the income generated from my property, how does that effect my tax liability?

Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?

I have been researching and saving money for well over 2 years now and I feel like I'm at the point where I'm ready to really find the right property and make a purchase.

I'm planning on using the property to rent o...

Hello,
 I am interested in Apartment building investing however I am 52 yo and have a Full time job in healthcare,  I have access to capital via a HELOC and was contemplating investing in a couple syndication deals....