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...

***Please move post to the correct section, if this is in the wrong one. I apologize, in advance.***Hello,I know there have been other posts about when to post a property for rent, but none address the possible tax ad...

me and my brother inherited my parents house it's paid for and he wants to live in it so my half will be financed to me do I have to pay taxes on my half 

Hello, I've got a legal question, it may be a bit off-topic but maybe someone has an answer to this. I have a Wyoming LLC, need to register it in CA. Secretary of state website tells me to file Form LLC 5. One of the ...

I am looking to set up an LLC to run all REI deals through to protect my little family. I am brand new to this idea and am overwhelmed with the amount of information available. Please send me your favorite articles / ...

Hi All, I would like to get some help on how to best achieve my goal of flipping a property with the lowest possible  tax burden. I recently bought a home, and I had plan to resell it, until, a friend mentioned someth...

Curious if 1031 Exchange laws vary by state, or if it is just federal legislation. Thanks!

We have 3 LLCs, one of which is a Series LLC. One of the three is the managment company owning no assets. All rents and expenses go through this LLC. The remaining funds are then sent to the other LLCs that own the p...