Robert Lorenz
Seeking partner in Phoenix, Arizona
Ok I've been doing the driving for dollars thing for about 5 weeks and am working my fingers to the bone trying to get yellow letters written to the leads I have, but I really am not terribly interested in being a who...
Jonathan Duarte
Rental purchase 4 airbnb. Do I form my LLC before repairs 4 taxes
Hi everyone. My name is Jonathan I'm looking for some guidance and direction. I've purchased my first rental property in a mountain resort adjacent in the San Bernardino Mountains of Southern California. It is a sma...
Jimmy Nguyen
Need help on Cash Out or Heloc for BRRRR Scenario
Hi All, Would love some advice!My Scenario:I have 3 properties total1st house - I have a mortgage on about 50k and I have a HELOC on it that I haven't used2nd house - house is paid off and I own free and clear, it is ...
Ilene R Vanabbema
Do I put my buildings my restaurant is located in in an LLC
I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
Drew Whitson
Owning a vehicle in my LLC: Tax Questions!
My wife and I have an LLC which holds a small portfolio of single family homes. I am considering purchasing a vehicle to be titled in the LLC. My thinking is that the deprecation + gas + insurance + maintenance i...
Kevin Walorz
Multi family property management
Does anyone know of any good property management companies in Massachusetts? Multi-family property management to be more specific.
Raymond Hill
Apartments for Convicted Felons
hello everyone,My buyer who is purchasing a condo in RI has asked me to assist her brother who is a convicted felon to find him an apartment for him and his friend. My first quick answer I thought of saying was "there...
Jeff Mitchell
Deprecation never taken and can't claim rental losses
Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
Michael Morrow
How to structure the purchase of my first rental
Hello BiggerPockets, I am looking to buy my first rental property soon. I have been talking to everyone I know about real estate and it caught my fathers interest. We are now considering on buying property together (m...
Joseph B DeStefano
Duplex/triplex-House Hacking-How 2 find these types of properties
I've read several BP books, and other a like...and there is constantly the "House Hacking" strategy involving duplex's and triplex's. I realize the serious advantage to starting out like this, but haven't been able t...