![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088894/small_1722365942-avatar-reneh34.jpg?twic=v1/output=image&v=2)
14 January 2025 | 28 replies
I'm talking about tax season!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3135749/small_1729168957-avatar-robertk633.jpg?twic=v1/output=image&v=2)
12 February 2025 | 4 replies
Activities that deal with electrical or plumbing should be outsourced to avoid more expensive issues unless you have some prior experience with the simpler repairs in each.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171374/small_1737218123-avatar-jerryz27.jpg?twic=v1/output=image&v=2)
21 January 2025 | 7 replies
For the LTR outside CA, forming an LLC in the state where the property is located can reduce administrative costs and avoid double franchise taxes in California.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1909406/small_1701041679-avatar-jonathans599.jpg?twic=v1/output=image&v=2)
7 February 2025 | 22 replies
Some are owned by my ROTH IRA and are making tax free cashflow.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1147776/small_1621509613-avatar-mial5.jpg?twic=v1/output=image&v=2)
14 February 2025 | 10 replies
For example if the house is worth 400K, but they are willing to sell it for 375k because they are avoiding having to pay 25k in agent fees, then the bank can consider the equity gap as a down payment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2440139/small_1698110379-avatar-laurac233.jpg?twic=v1/output=image&v=2)
14 February 2025 | 4 replies
This may result in lower rents and recoverable expenses, but it avoids a future lawsuit against you.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165444/small_1736140120-avatar-jackc346.jpg?twic=v1/output=image&v=2)
24 January 2025 | 36 replies
I don't know how to avoid it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/454757/small_1641839661-avatar-jeets1.jpg?twic=v1/output=image&v=2)
27 January 2025 | 0 replies
If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3182320/small_1739376695-avatar-enriqueh34.jpg?twic=v1/output=image&v=2)
12 February 2025 | 0 replies
She said the owners wanted to owner finance to avoid dealing with tenants.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/566453/small_1707761303-avatar-hl1.jpg?twic=v1/output=image&v=2)
18 January 2025 | 1 reply
It avoids having to pay the capital gains and lets the property keep appreciating while you still own it and reap those future rewards and more cash-flow from the property in the meantime.