Hi everyone, if you're an STR owner in Vermont or looking to buy one in Vermont, I wanted to share that the state's Ways and Means Committee is considering imposing a new 10% tax that would be on top of the tourist room and board tax that already exists.

Hi everyone, looking for some advice on the best way to structure a lease with some tenants.

Hello everyone, I am from Houston, TX, and new to BP.

Hey everyone, I have a 5 bedroom 2 bath house with a two car garage and fenced in yard in Ypsilanti, MI.

Hello Everyone,I am looking to get some idea about CPA expenses.I recently switched to a new CPA.

Everyone is slow.  

A win for everyone except agents and even then, there are aspects of having to have a buyers agreement signed I find appealing.

Hey everyone!

Hi everyone, wanted to begin by saying how excited I am to join this community.

moving it to an LLC will not do much for you in the way of asset protection OR taxes (double check that with a cpa, everyone's tax picture is different). most people lean towards the LLC thing for legal protection, but a single-member LLC is a thin veil that's easily pierced. you'd be paying LLC fees & paying another LLC tax return prep fee, for what i'd say is nothing. if you do want to transfer the deed to an LLC anyway, you'd do a 'quit claim deed' with a title company or real estate attorney. if the mortgage lender ever says something you'll just give them proof that it's a single-member LLC and the one member is you (the original borrower).