My parents have owned a home in Minneapolis for 20+ years and the mortgage has been paid off for a few years now. For the past few years, my partner and best friend and I have been renting out this home and paying ren...

Hey gang, novice investor here looking to gain some wisdom.

As I understand it, Tax Liens pretty much take priority over ALL other liens a property may have against it EXCEPT for IRS liens. My question is, how do yo...

I'm doing some estate planning.  My kids are in horror of inheriting and managing our real estate portfolio that includes multiple 1031 exchanges.  These exchanges have almost no cost basis so they face substantial st...

Hello Biggerpocket members,I am living in Portage, MI. I have been working with a CPA for tax report. I have two LLCs, but based on the CPA suggestion, I am thinking to change one LLC to S-corp in an attempt to reduce...

We applied for and received two tax deeds on adjoining parcels in Mobile last year and are looking into quieting the titles on them. A little context: the parcels belonged to an elderly gentleman who is now deceased. ...

I'm a newbie who bought my first property a little over 2 years ago. Bad news is, as far as cash flow, it's a little above breakeven. Good news, due to the real estate boom, I could probably realize about $120k gain a...

I notice a decent amount of homes in my area have a trust listed on the title as the owner. This was surprising to me. What are the most common reasons average, non-investor folks would have their home owned by a trus...

Hello guys,

I am trying to figure out if Renting out my primary home of 10yrs is a good decision or not at a $400 positive cash flow.

The home has a mtg of $600 and rent for the tenant in mind will be ...

We decided to buy a new house and to rent out our current house. We have other properties, all of which are held in an LLC. So our plan is to deed the house from ourselves to our LLC. We consulted our CPA, told him wh...

Two years ago myself and a friend purchased a distressed single family home and rehabbed it. We purchased the home & rehabbed it with cash and unsecured loans. A quick break-down of the numbers look like this.

Pu...