I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
Hello BP Mates,I thought your perspective would be value in regards to an REI attorney. We have one SFR and will acquire between one and three more this year (probably not in AZ). Right now I'm assuming the contracts ...
A property of interest has 5 open code violations in reference to complaints made by a former tenant (rats, faulty electric, open walls etc) and 1 violation is due to incorrect carport setback and no permit. The carpo...
I would appreciate guidance from someone who's actually done this. The seller seems to think it's fraught with complications or that my buying it subject to her financing will prompt problems from the government.
Hey BP, I have some really great ideas, both inside and outside of real estate, that I want to bring into reality. This will involve partnering and hiring employees or contractors. I've never started up or run a busin...
Hello Bigger Pockets Users:I'm a practicing Real Estate and Litigation attorney in Smithtown, NY and am a part time investor myself. Prior to becoming an attorney, I worked as a project manager for a NYC construction ...
If I'm converting a primary residence into a rental property but want to take advantage of the $250/$500k capital gains tax exclusion for a primary residence. Can I create an LLC, partnership, corporation or some leg...
My company will be closing on 2 duplexes in about a month, but a private investor is wanting in on the deal as well. Since this is our first rental we would like to partner 50/50 on this just as a learning experience...
Has anyone received guidance from their attorney (or REIA) on the new laws that were enacted this spring, specifically the "just cause eviction" law?
It seems that all my MTM leases just became de facto permanent ter...
I was in the process of evicting a tenant in Carbon County, PA. The filing date was July 10th but the governor just extended it to August 31st. The tenant was very hostile and I stopped contacting him about a month ag...