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Results (10,000+)
Shannon Leckinger First Time STR analysis
4 February 2025 | 18 replies
other posters have started threads saying they're going to buy STRs for tax savings... and this doesn't make sense to me.  
Sanjai Dayal Own commercial building, I use 2 of 7 offices for medical business- pay myself?
29 January 2025 | 4 replies
Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.
Robert B Azimi Mills Act ramifications
6 February 2025 | 1 reply
The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!
Sakib Khan Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
I’d love to hear your thoughts, tips, or even warnings.
Christopher Lynch What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
Technically it would be best to get a C Corporate or S Corp. to flip properties and since you are considered a dealer if you do several properties a year and this could have negative tax consequences in an LLC.
Kwanza P. New Here to the platform
29 January 2025 | 15 replies
I would search the BP forums because your tax / legal related questions likely have already been asked.However, it doesn't hurt to still ask the forum what your questions are.
Brandon Bell Transfer deed, retain mortgage, without due-on-sale
2 February 2025 | 4 replies
Since the trust is a disregarded entity, the benefit is bypassing  probate, not tax issues or liability concerns. 
Ashley Kroft Starting Out: Advice on which option to take from a Refinance
3 February 2025 | 7 replies
However, these programs typically qualifies borrowers based on their income, such as tax returns.The DSCR would be a good option considering you and your husband are entrepreneurs and the tax returns don't look good on paper.
Brandon Stelling Military Vet investors 100% disability benifits
29 January 2025 | 8 replies
The fact that you have a TAX-FREE income is crazy good.  
Melissa Vass Scott Canadian Investing in US - Can we borrow against stock Investments as a Canadian
12 February 2025 | 4 replies
I've worked with some Canadians buying  here in Ohio.Indeed, rather than selling your stocks to fund investments (and lose out on any potential price appreciation and dividend payments, as well as incurring capital gains taxes), a nice alternative is to borrow against some percentage of the holdings.You would start with the brokerage where you hold the stocks and see what their loan program looks like for the account you hold.