I am looking at purchasing my first long term rental property and was wondering if setting up an LLC would be beneficial before purchasing the rental home?
My accountant told me that b/c my income is over 150K, the interest paid on my rental property mortgages are not deductible. I would only be able to claim these ductions if my income falls below 150K or when I sell ...
Advantages/disadvantages of LLc,s
As a property manager, you might encounter a common misunderstanding that landlords are exclusively accountable for lawn upkeep. While it is true that landlords have specific duties, the nuances of these responsibilit...
We are just starting out and trying to get organized. We’ve heard that protecting yourself with LLCs are a must, but I’m looking for more information in relation to the topic. We are also in the process of finding a C...
If I am going to invest in real estate through an LLC, will I be able to buy and hold or rehab properties in any state?....So for example if I file for the LLC in Maryland, can I also go into DC or Virginia to invest?
Hi all, I'm a first time investor and I'm looking to set up some legal entity to protect myself before investing in properties. I've spoken to a couple lawyers and have been told the following two options are my best ...
I know watching HGTV is not real life, I get it. But a potential buyer qualified for a $550K home but they selected a home that was $499K. Then the buyer said "oh great now we can use the other 50k to make upgrades ...
Hello, I am really interested in getting started in the real estate investing world. While searching for the right deal, I am also considering how I should start my investment. I have funds invested that return approx...
How much do you figure your insurance policy should cost you as a percentage of the rent collected on that property per month?