I am trying to create an LLC for my rental property, but just found out that who the property is insured through will not allow an LLC liability coverage. This defeats the whole purpose of creating an LLC. This wouldn...

I brought my property three years back, which I’m planning to convert to a rental property. Should I be doing a full blown home inspection (similar to one that was done during buying) and fix all the issues prior to r...

Have any of you been thinking of utilizing the new rules (if you qualify) to deploy retirement assets from existing 401(k)/457/401(a or b) into SDIRA or SOLO401(k)?  CARES act allows for distributions up to $100K with...

My single family residential rental property is held in a land trust, whose beneficial interest is assigned to my single-member disregarded LLC. I have opened up a business bank account where the rental payments are ...

There's a parcel of land in an area of town that is on the lower end of the city, but the marketability is starting to expand outwards towards the parcel. Houses in this area sell for about $50 - $60k. "C" rated area....

Hey all,   I'm new to landlording. I currently rent out a SFR to a couple and it is lawn care season. My tenants do not have a mower and I am wondering if I should provide them with one(other than the old push reel mo...

My mother and I just purchased a foreclosure house 50/50. My sister is going to rent it from us as she settles into this new city for 1-2 years, at which point we hope to sell for a little profit. Normally I hold long...

How do you feel about bidding on properties at an auction site? I know it can be good for getting it under value, but for the flip side, how do you determine if it's free and clear without any liens attached?

This property has a lien of $155k and a zestimate of $488k. It is scheduled to go to auction on 4-12.

https://www.zillow.com/homedetails/7-Monroe-St-Yonkers-NY-10710/32991425_zpid/

Would anyone be willing to expla...

Here's a pretty simple one for anybody that understands my situation. I need to setup an LLC with an operating agreement that includes language about the use of outside capital from family and friends in addition to c...