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18 December 2022 | 8 replies
In my due diligence period this is my current list -inspector/contractor walk property-get lease terms -Get Schedule E form -Check Public records -Any Liens ?
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3 January 2023 | 16 replies
@Scott E. has it and its worked well for us, although I don't think there is ever such a thing as dual agency with the listing agent, declared or not.
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8 December 2022 | 2 replies
According to the Texas Business Commerce Code (TBCC) Section 1.201(b)(27), Legislators defined Texas series LLC as a legal “person.”
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13 December 2022 | 63 replies
Quote from @Dave E.: @Cody Thayer.
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8 December 2022 | 3 replies
You can also muddle though the instructions for IRS form 1040 Schedule E and IRS Form 4562.
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12 December 2022 | 8 replies
This is an incredible platform that has numerous resources, so definitely take advantage of it all.
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12 December 2022 | 8 replies
+I do not see expenses for garbage, lawn care so this raised more questions.What they do have is maintenance , repairs and taxes.For example, is asking for a Schedule E tax return to much to request ( to make sure I am accounting for all expenses.)The properties are fairly newer built 2005 so i dont expect for Repairs to be as much as well...Any information wouldd be helpful
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7 December 2022 | 6 replies
BP is a great platform to be on.
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6 January 2023 | 9 replies
Quote from @Scott E.: You're going to get very divided opinions here.Most people agree that forming an LLC is a good plan for (some) anonymity and protection, but the right insurance policy is even more important.
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7 January 2023 | 21 replies
@Scott E. kind of how I was leaning too, the validation helps.