Luke Carl
Separate Bank Accounts?
Right now I have 2 vacation rentals and one long term rental. Each has a separate bank account. After some research I've decided to consolidate. Should I put all 3 houses in one checking account (mortgages maintenance...
Igor Komerzan
Do i need a contractor for my fix and flip (Massachusetts)
Quick question:Does anyone know what the laws in MA are regarding doing your own work on fix and flips, and when its mandated to have a licensed contractor? My father has been on the carpentry trade for almost 20 year...
Account Closed
Rental Applicant Refuses to Provide Credit Bureau with his SS#
seriously now.. i thought i was being mutually discreet by NOT requiring the SS# directly on the application, nor even charging an application fee, for my own properties (as opposed to properties i PM for).but one of ...
Lamontis Gardner
Single Member LLC vs Multi Member
Me and my wife have set up an LLC, and while applying for the EIN I was prompted to switch to a multi member LLC. Being that it's just me and my wife, should this be an option for us or should we run it as a single me...
Brandon Combs
1st rental purchase- seeking mentorship
Looking for a little guidance on my 1st purchase in Orlando fl. Looking for a STR but have some hurdles to get over first. Best way to get rid of some personal debt and use my current home equity for new purchase. ...
Ariel Goldenberg
Hold cash or buy a rental
So here's the dilemma:We are selling our rental property and expect to profit about 250k.Should we roll the profit to another rental and buying in a market that is maxed out but - deferring tax payment-Or - absorbing ...
Billy Smith
Mortgage interest deduction on Trump’s chopping block
http://www.cnbc.com/2016/12/01/heads-up-homeowners-mortgage-interest-deduction-on-trumps-chopping-block.htmlThe mortgage interest deduction is already capped at loans up to $1 million if you're married and filing join...
Mario Malpelli
Advice on if forming LLC for STR is necessary
Hi, have an accepted offer on a STR in which we’d form an LLC upon closing. Is this advised? Also can someone explain the due on sale clause risk in this case and how to protect
Dima A.
Please help with insurance!
Hi everybody, I'd like to get some feedback on an insurance question I am struggling with.
Here's the situation: I am 33% member in an LLC that owns and rents real estate. For simplicity, let's say we have a 60k home...
Brandon Davidson
Forming LLC in Florida
Alright bigger pockets i am new tot he forum and this is my first post so please be easy on me. Quick back ground on myself I currently have 3 SFR's and one vacant lot all located in Panama city FL. I have 2 of the SF...