
25 September 2024 | 11 replies
Typically it doesn’t matter where the accountant is located as they know a majority of the state rules.

25 September 2024 | 4 replies
Most family trusts, especially in CA, provide little or no liability protection (see self-settled trust rules).

24 September 2024 | 4 replies
You should use a state-specific lease that is clear regarding the start and end dates, the monthly rent, the fees that will be charged (ex. pets) and those that may be charged (ex late fee), the amount of the security deposit, and a clear list of rules associated with the property (no smoking inside is a big one as are rules related to parking).

23 September 2024 | 19 replies
In fact, there're several "layers" of restrictions, including "at-risk" rules, basis rules for pass-through entities, hobby rules, new (as of 2021) "excess business loss" rules, special rules for Section 179 and business interest, self-rental rules, vacation homes rules, and more.

25 September 2024 | 1 reply
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

25 September 2024 | 11 replies
Quote from @Roger D Jones: This is terrible and not legal in any way but it was pre Covid and the rules were a little less restrictive.

27 September 2024 | 16 replies
My opinion is no because of HOAs and their rules and they can increase HOA fees with no limit on top of your pro-tenant laws.

21 September 2024 | 1 reply
Using a VA loan for a second property, where I’d move in and rent out my current home.When I made an offer on a fixer-upper (I didn’t win that bid), the loan officer mentioned it might be difficult to convince the underwriter why I’d need another VA loan for a second property in the same area, especially since the new home is almost identical to my current one (same size, age, school district, etc.).

22 September 2024 | 25 replies
As a PM with 65 units, ours are basically identical to that

24 September 2024 | 49 replies
An emotional support pet allows their owner to break laws and rules- it's not fair.