Tricia O'Brien
What Questions to Ask/Things to Look for When Interviewing Property Managers?
20 January 2025 | 2 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveš
Clay White
Storage Unit Overhead Doors
7 January 2025 | 2 replies
How many are you installing a year?
Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
The proper answer is "it depends" IĀ don't know anything about your case.I do preferĀ simple over unnecessary complexity.
Jordan Meltzer
Where to invest my cashflow?
21 January 2025 | 9 replies
@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.
Derek Harville
Grandmother wants to leave/give me trailer! Help!
6 February 2025 | 13 replies
You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!
Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
4 February 2025 | 3 replies
And here is where I actually got properly annoyed.Ā
Brendan M Hornung
Sub-To Tax Advice Needed
4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.
Ernest Ho
Emotional Support Animal / Service Animal
19 January 2025 | 18 replies
This will get you the name on the dog on record designating that specific animal as their ESA.Good idea -- AND ask for additional rent/deposit, unless there is some legislation forbidding it for a properly registered service animal.My humble opinion, all this "emotional support" stuff is simply BS so they can take their precious animals everywhere they go and not have pay extra.
Jeremy H Barton
How Do You Create Your Partnership?
14 January 2025 | 2 replies
How would you recommend, or what resources would you refer for us to properly figure out how we spend our time and appropriately get compensated for it?
Ike Okwerekwu
Property Manager Referrals
27 January 2025 | 7 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveš