We're buying a development of 10 duplexes (20 units), and I'm trying to figure out which landlord software to use.
1 purchase/mortgage10 tax lots/tax bills/buildings/insurance policies20 units/leases
Some transacti...
Sorry if this offends anyone. Also thanks for everyone who has responded to my other questions. This message board is awesome! True learning takes place here at BP forums with real people in real situations.
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I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
My current residential rentals have increased a lot in value. If I bought a similar property in my area for today’s price, it would never pass the 1% rule. So I’m wondering if I should sell some or all of these, do a...
Hello bigger pockets members, I have a quick question. I am wrapping a deal up on my first multiplex , it is a five plex that I will be converting to a four . My question is I am a little behind on creating my llc , m...
I am looking to purchase a multi family property with my dad. I am aware of all the cautions about investing with family and friends but I bet posters to not discuss this here. My question is about if we should go ahe...
I am closing on a SFR in January that I plan to live in. I am curious if anyone has ever successfully been exempt of Capital Gains Taxes when completing a "Live in flip" even if the property is owned an LLC? From what...
Good afternoon BP,2018 I purchased my first property… Two bedroom two bath in sunny South Florida. I’ve spent the last two years fixing it up and getting it rental ready. I’ve come up with excuses in this process: it’...
I have a tenant applicant who asked if I would consider replacing my existing washer and dishwasher to an energy and water saving model.
They are willing to pitch some $ in.
In my case, the washer was p...
About to take the plunge into real estate investment. Before I buy a house and start renting, do I need to make an LLC? Or maybe make a business of a different type? If so, what are some good resources? I'm located in...