All Forum Posts by: Darren Redfearn

Hey all, Im looking for a suggestion on who everyone is using for a cpa and real estate lawyer. I need help setting up my business and moving my rentals into a trust and opening LLC for them (I think) if that is the best strategy for protection and tax optimizations. Originally I wasn't so worried about it because I owed so much so suing me would be pointless lol. Over the last few years things took off, plus its obviously in my best interest to keep as much money from the tax man as I can. Any help from fellow investors would be awesome, thanks.

Ok this is a weird idea I cooked up. Here’s what I want to do. I have a condo that has appreciated a ton that I bought in 2017, (like everyone) it’s a rental property. I was wondering if I could sell it and transfer that equity into a property I currently own as a primary home. I could start renting it out to cross my T’s if I had too. I read something the other day that indicated that this could be done. However I’m assuming it’s a little trickier, can anyone suggest where to start and where I could get help with the 1031 exchange. 

Can anyone in Charlotte NC recommend a property manager that will come in and furnish and manage an Airbnb rental.  I have a 5 bedroom home perfect for it but don’t have much time to be hands on. 

Has anyone done any business with Alcove rooms. They reached out to be about listing one of my properties and wanted to get the ins and outs from a landlord that may have some experience with this company. 

Applicant is saying they want to apply to a long term rental with a corporation?? Anyone every dealt with this? My first instinct is to say no, because I’m renting out a single family home not opening a line of credit, and not sure why they would request a corporation apply instead. 

Applicant is saying they want to apply to a long term rental with a corporation?? Anyone every dealt with this? My first instinct is to say no, because I’m renting out a single family home not opening a line of credit,  and not sure why they would request a corporation apply instead. 

 Thanks Bill, and everyone on bigger pockets. I have multiple  properties and still have so much to learn. Everyday I feel like a new beginner. However, I am thankful that I have all of you guys to guide me.

That’s what I was thinking, I might do 18 months just to get me back to summer ins and outs. 

Just wanted y’all’s thoughts on a lease being 3 years for a single family home. I have a tenant that has requested this. What do you guys think as far as pros and cons? In the past I have never done a lease over 12 months. 

Thank you everyone, I am going with a similar property in that neighborhood with no tenant.