I am thinking about buying a fourplex with partners in an LLC and living in one of the units as my primary residence. When we go to sell it will I have to pay capital gains tax. I have herd conflicting stories.  

Hi there, I was walking around looking for distressed properties using the info I learned from these forums and identified a target.Then I went online to the property appraisers and found the property - BINGO! - has a...

So, I've seen a lot of info on the drawbacks of using a S-Corp to hold your properties. LLCs seem to be the more recommended entity to use. But, it seems by themselves they too can have gaps in an overall Asset strate...

Question for those with multifamily properties: My energy provider (Duke Energy) has always classified the "Master" accounts for my quads as residential meters. The Master account being the one that controls the hallw...

Do you really need an LLC for your rental property?  Lawyers seem to be the most anxious to get me to do it.

Hello,
Would an 8 bedroom house rented to college students be considered a commercial property and be taxed as such even though its not a duplex/triplex/quadruplex - just one pretty large house?
Thanks,

We want to try and buy a vacant house on our road. The owner killed himself, and it went back to the bank. Is there any way we can purchase this home? we have not been able to figure out what bank holds the mortgage. ...

I brought a 8 unit that needs repairs or replacement of HVAC systems. would appreciate any recommendations in the triad area especially Thomasville.thank you

I am currently working on a commercial deal and will be purchasing the property with a private loan from some local investors. They will hold a mortgage on the property, which will be amortized over 20 years, with a 5...

I am looking at a property heading towards a foreclosure auction and our title search has uncovered 3 IRS tax liens on the property. We did the research on these and found there is a 120 day redemption period for ...