Hey BP,I need some help. I just closed on my first property at the beginning of this month. It's a duplex that I bought in a partnership with my parents. My parents put up the capital but have said they want no part i...

I am starting my RE investing biz and have been going back and forth on set up and state of incorporation, I am at the point the I believe an LLC would be best and I should probably set 1 up in Wyoming or Nevada. I li...

Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...

First time poster seeking legal input.  I own a handful of small multi-family units, plus a few single-family rentals all listed under the same LLC.  Considering purchase of an occupied quadraplex...from a legal stand...

If I offer to take over paymens, how do I obtain the deed/title, without triggering a due on sale clause? I have a seller who wants to get rid of their house (for no profit) so they can get in their "bigger, better" ...

Hello, I purchased a property in Kansas City through Norada last year. They are nothing more than a middle man that earns commission by connecting you with flippers in local real estate markets. I did not have a good ...

The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...

I am planning to invest in real estate using the new every two strategy with a twist. Instead of selling after two years, I plan to keep my previous properties as rentals. I have a full-time job, so saving up 20%...

Hello all! Just closed on a property i will be using as a long term rental and am getting ready to rent out my condo as well (Im moving to a new condo).  What should I do in regards to having both rentals in my name v...

Planning to move to the Dallas/Frisco area in a year or so and would like to buy a house that we plan to stay for long term. We own a house in CA and after selling, we would have enough cash and not need to finance if...