Could someone enlighten me on the tax implications for the homeowner of a short sale. My understanding is that if they had refinanced there would be a 1099 issued, but if it was the primary purchase loan there would b...

I own 2 pieces of property outright and am working on closing on my 3rd investment property. At what point should I form an LLC or something similar to help protect my family and my future investments? Where do I star...

We are working on partnership with a group of like-minded investors.  One of the investors would like to transfer the title under an LLC but is concern about the due-on-sale clause.  We are seeking for experience and ...

Can anyone recommend a lender who does FHA 203(k) loans in Minneapolis (or anywhere in Minnesota)?  Thanks in advance for any responses!

I was contacted by a seller with an enthusiastic vision of building a 10 lot subdivision on his and his neighbors adjoining property. Together they have about 1.8 acre's. He states the neighbor seems on board with the...

All - I am working on a rather large portfolio valuation at the moment and would like some assistance on my models. The model I have  been working on has become far too large and crashes every time it opens. I am unde...

A month ago I consulted a contractor  for a pavement work in one of my rentals. The pavement is uneven and is a trip hazard. I was informed by the contractor that he does general contracting and can do the concrete jo...

I have a situation concerning land contract.The buyer paid everything except for $2,000.  We agreed verbally to settle the $2,000 at closing. The initial closing was not established since a lien had been noted by the ...

I own four multi-units with three different LLC's. I will be buying more property as I am able along the way. My question is: Should I form a Property Management LLC, RE Holding Co, or a Series LLC? Currently my three...

I'm currently in the process of purchasing my business. I'm also purchasing the building on a land contract. My question is when it comes to taxes, who gets the tax benefits of depreciation, etc? The seller or me? ...