Cynthia Miller
Do you use LLC's for your rentals? pros and cons?
Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental in...
Kole Kingslien
Best way to pay yourself from an LLC for small contractor
Hi all, I am looking for advice on how to help my dad out with getting his business going. I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what wo...
David T.
Inherited tenants
So I just purchased my first home in April and it is a duplex. The tenants have thus far paid on time. However they have been quasi-problem tenants. So I am just looking for some thoughts/advice from the seasoned p...
John Larson
Buying primary home after retirement and owning rental property
I plan on retiring early and moving to a cheaper state in ~3 years. Our plan is to move into a rental home in the new state, sell previous home, and eventually buy a new home in the new state.Between now and then I p...
Michael Robards
Potential Rental House for a newbie like me
A neighbor recently passed and her house has gone to her brother. After some time I approached him to see if he would consider an offer (my wife and i have wanted to get a rental property or two for some time.) I ha...
Tyler Brown
I'm debating selling this property, input welcome
I own a two family house in Queens (New York City). This is not my primary residence; it's for rental only. It's fully paid for, but it has less than impressive cashflow. After all expenses, it generates roughly $2...
Will H.
Newbie in St. Louis, MO
Greetings everyone,I'd say I'm new to real estate investment, but I guess you have to get started at something to be new at it.Anyway, I'm recently married (6 months today!) and want to make sure my wife and I are tak...
Inam Rehman
Step by Step Details on buying your first property
Hi BiggerPockets,
I have researched articles but did not find detailed steps and things to do while buying a property (SFH, duplex, triplex, quads). Please kindly take some time and make this into very concis...
Brandon Ingegneri
I do not know how to break up my business into smaller entities.
My partner and I currently own what essentially amounts to a number of rental properties, a construction company, and a property management company all under 1 LLC. What we are looking to do is have several LLC's est...
Linda Thomas
rent increases help
Good evening all,So I have a long term tenant that's been with me for about 7 yrs. I have NEVER raised her rent since she moved in. She's been a fairly good tenant for the most part. Now due to general cost increases ...