Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
Especially as it relates to being able to rollover IRAs and old 401k money into a Solo401k.Self employment allows you to contribute large amounts to Solo401k to reduce FICA taxes.
Aaron Bard
Easy Street Capital (Legit or No?)
1 February 2025 | 19 replies
This way the broker can search hundreds of lenders (Including Easy Street Capital) instead of just hoping that one lender can get you a good deal.A direct lender can work very well for Conventional loans, but if you were hoping to get a good deal I would look elsewhere Or you could search for hundreds of lenders here on BP or online yourself and avoid paying broker fees..
Aeon Jones
Joining the Vodyssey Mastermind group for REI in STRs
8 January 2025 | 7 replies
However, if all they offer is general info, I think you can find most of it yourself in Bigger Pockets and other online sources.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
Renting at FMV allows you to deduct mortgage interest, property taxes, repairs, HOA fees, and depreciation against your W-2 income, potentially reducing your overall tax liability.
Zachary Young
Where To Buy My First Rental Property
30 January 2025 | 56 replies
Louis, Memphis, and Birmingham offer a good balance of affordability and rental demand, while online platforms, auctions, and networking with local agents can help you find undervalued properties.
Tom Dieringer
Giving VRBO a head start on Airbnb
28 January 2025 | 19 replies
@Tom Dieringer After purchasing my first property in 2024, I acquired most of my short-term rental (STR) knowledge from The Short Term Shop, which included maintaining respectful communication with guests, keeping calendar availability up-to-date, and ensuring high-quality listings.When I initially began May of 2024, I opted to list my property exclusively on a single Online Travel Agency (OTA) - Vrbo.
John Williams
Private Money Lending Gone Bad
16 January 2025 | 15 replies
The online gurus are the worst.
Iliana Herrman
Guidance for an Eager BP Newbie
3 January 2025 | 5 replies
I've been running the numbers on different properties using a variety of online calculators for properties that I initially thought looked like there may be potential.
Scott K.
STR insurance - Proper alternatives?
8 January 2025 | 13 replies
If you want to send me a DM I can send you a link to run an easy online quote
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.