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27 January 2025 | 8 replies
Rental income will still be taxed as Oregon source income, and you will also report it on your California individual tax return as part of your worldwide income.
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8 February 2025 | 5 replies
There are lots of markets that meet this criteria and you will find PM companies of all sizes in those markets.
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27 January 2025 | 1 reply
We have been around the bigger pockets community for over a decade now and have more 5 star reviews on bigger pockets than any company on this website in any industry (>270 5 Star reviews).
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4 February 2025 | 0 replies
It's even worse for landlords "The company is also asking for rate hikes of 38% for rental dwellings and 15% for tenants, with the rates taking effect May 1."
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18 January 2025 | 5 replies
Or at least report it.
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15 January 2025 | 10 replies
Hey fellow suburban Illinois BPers - Not sure if this has been sent/shared previously, but thought it'd be good to recap - Chicago Agent Magazine recently reported that suburban Chicago was ranked the second-hottest rental market in the nation (Here’s the article.).This confirms what a lot of us have seen: demand for rentals is really strong in the suburbs right now.
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24 January 2025 | 1 reply
Single-family management companies are seeing interest from buyers.
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6 February 2025 | 2 replies
Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too.
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29 January 2025 | 14 replies
Does anyone have suggested property management companies they've used in Florida that they can recommend I reach out to, to see if we're a good fit for each other?
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5 February 2025 | 13 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.