Very unique situation here. We own a property in TN that was managed by a property manager who had been in real estate for 30 years. He knew the business and was a one man show for his property management company. Wel...
Hello! What are the tax implications of an individual deeding the title of a property to a partnership or corporation? Specifically, if the title to a property is in my name and I deed it to an LLC (setup as a partn...
Hello, new here. I have about $55k in cash/stocks right now. I have a pretty good income, currently living near Phoenix Arizona. Living with roommates to keep my rent cost lower. I have an idea. Would love to hear som...
Hi all -My wife and I recently took the plunge and purchased our first duplex, which has two 3/1 units side by side. The previous landlord owned the properties for just over ten years, and did effectively nothing in t...
I am a first time homebuyer looking to purchase a multifamily unit (duplex/3plex/4plex) in the San Antonio/ Boerne area. Ive been in contact with a real estate investor friendly realtor I was matched up with through t...
Hello BP community! My wife and I found a beautiful house from the 1920's that had been converted into a non-conforming duplex back in the 1980's. It has been grandfathered in as a duplex, but we think it brings more ...
We have a house under contract (going on 3 weeks now). It is a rat trap and a hard sell, but we have an investor that wanted to see it. We called the owner to make arrangements and he said he sold it to his neighbor...
As a property manager navigating the dynamic world of real estate, one frequently encounters the assumption that the most expensive properties are inherently the largest ones. However, is this correlation a steadfast ...
Hello everyone, I need some help with my taxes. I own an owner-occupied duplex in Philadelphia, and each unit is equally 800 square feet. I want to make sure I'm doing everything right before I submit my taxes.
Here...
Hi, I posted quite a bit a year back or so about my interesting situation. I lived in Japan for 20 years and was going to start building my USA based portfolio from Japan. I now actually live in Colorado full time and...