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19 May 2024 | 2 replies
After seven months, I took another leap and purchased a single-family home, which I also converted into a short-term rental.
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21 May 2024 | 138 replies
This Corp will get a fee for the management.That would be a way to convert some passive income to active income.As active income does not have the same tax advantages as passive income you need to carefully weight the benefits that you can gain from a Corp (Many more deductions available, retirement plan contribution) versus the additional cost and taxes.
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19 May 2024 | 8 replies
I recently pulled permits to convert the duplex's attached garages into one 2bd/2ba ADU, convert the detached garage into a small 1bd/1ba ADU, and add 1 bath and laundry closet to the 4bd/1ba house.
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19 May 2024 | 1 reply
I invest in Tampa area and have a LTR and about to buy a house in next 3 months as primary and then after a year convert to STRAnyone here have a connection who will do short term JV ?
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19 May 2024 | 90 replies
We are considering converting the 3 ballrooms about 10,000 sq ft into Assisted Living units.
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18 May 2024 | 5 replies
Co-hosting is definitely a no funds needed strategy, but you would need to be able to convert people to clients.
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18 May 2024 | 3 replies
I am looking to convert my detached 360 sqft garage into an ADU.
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20 May 2024 | 88 replies
Make sure you consult with a legit and knowledgeable attorney...That's interesting because last year I converted my Texas LLC to a series LLC and purchased a property inside one series that I created for that purpose.
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20 May 2024 | 28 replies
Does this article about migrating assets from a corp to an llc apply here:https://bbcincorp.com/offshore/articles/convert-c-corp-to-ll...
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21 May 2024 | 25 replies
If the value has not gone up a lot since purchase, this might not apply to you, but one thing that is often a factor when converting a primary to a rental is losing your section 121 capital gains tax exclusion (up to $250k individual, $500k married couple if you've lived in the property for 2 of the last 5 years).