Josh Wagner
LLC vs. Inc for Investing
I searched for this topic earlier, and it did not yield many results. I am planning to wholesale houses initially, and then move on to flipping homes, buying and holding, and much further down the road getting into co...
Elizabeth Cook
Partnering with a GC - what % would be good?
We're considering partnering with a GC who is a good friend of ours. We will be purchasing a SFH and paying for all of the rehab, so we'll have all of the risk. The GC has all the rehab experience and contacts. If he...
Jesse Kerr
Hiring someone to manage your portfolio
Hi, I'm hitting the sweet spot regarding my property management company. I'm paying well over 70k/year vs hiring someone would cost much less. Has anyone hired someone on payroll to oversee their personal portfolio?...
Matthew T.
Does Depreciation of one property Offset Capital Gains on another
I am just looking for clarity on this matter. If I have a bunch of depreciation in my holding company, can that be used to off set capital gains tax on my flips?
Bhuvanandra S Kumar
Assisted Living Facilities
Investment Info:
Other commercial investment investment.
Acquired three Assisted Living Facilities as a group with 46 Licensed Beds. The owner is planning on retiring and was able to work out a Seller Financ...
Jack Tucker
Is there 1 PM Software that also mobile-tracks Labor, Receipts, in addition to rent etc?
Good problem but still a serious problem.
We have recently gotten very active very quickly on buying, rehabbing, partnering, hiring maintenance, etc. We opened a little Rentec account and although its cool, ...
Martin Vilarino
Self Employment Tax
Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!
Vic Stezin
Has any one heard of a landlord requiring a W-9 from a tenant?
I am curious what the purpose of requiring a tenant to sign a W-9 might be. I have never had to do that when I rented before. The landlord is saying their bank requires it.
Shawn S.
Help evaluating park with high expenses
I am looking at making an offer on a park in the Southeast.Median house value 120kMedian income 39500Population 200kPark age 1970City water master metered. Owner pays water and trashGas and electric handled by city a...
Virgil Nethercott
Landlording in another state
I am a landlord of 5 mobiles homes in other peoples mobile home parks around the state of Wyoming. I live in Idaho and manage all of these from 200+ miles away. I've dealt with 1 eviction that was probably the best ca...