Craig Jones
State Farm for STR insurance
13 October 2024 | 24 replies
Just not sure which one is the best option from a STR standpoint.Ours is a State Farm business owners policy (BOP) which has the features you mentioned -- building replacement cost, $1M/$2M commercial liability and loss of income coverage.Â
Bruce Tieu
What makes a good mid term rental market?
11 October 2024 | 7 replies
Great design, professional photographs, great location.Don't get hung up on micromarkets or submarkets.
AJ Wong
đź“ťZillow Survey: 80% of buyers & investors to consider climate risks with new tool
12 October 2024 | 2 replies
Similar to Realtor.com the leading real estate company Zillow announced it will disclose climate risk features such as: flood, fire, wind, heat and air quality risks.
Carrin Johnson
Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
-CJ Johnson Life House Design and Construction San Diego, CAÂ
Slawek Jakubowski
K-1 loss (box 2) vs capital gain from sale of investment property
13 October 2024 | 11 replies
Without that designation, your K1 losses remain passive and can only offset passive gains.If you’re looking for a true tax deferment strategy, consider a 1031 exchange for future sales to defer capital gains by reinvesting in a similar property.
David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....
Devin James
PUD Approval - 153 Single Family Homes
11 October 2024 | 7 replies
This project spans over 49+/- acres and features 50ft, 60ft, & 70ft lots, adjacent to a large lake that will serve as a stunning community amenity.
Michael Koski
Long-Term Tenant Investment Opportunity– Brick Bungalow at 20490 Hanna St, Detroit
10 October 2024 | 0 replies
This home features a full basement, providing ample storage, and a detached garage for additional parking.
Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
11 October 2024 | 11 replies
This might affect your STR loophole tax strategy so understand that before making the move.Update your listing to highlight features appealing to mid-term renters (e.g., home office, Wi-Fi).
Dawn Johnson
Virginia Tenant claims month-to-month & moving out 11/8
11 October 2024 | 4 replies
Rent or at such other places as may be designated by the parties from time to time.