Marcus ONG
Income tax for non resident alien
Hi
Hope someone can enlighten me on the following:
1) tax rate on individual vs LLC
2) is there a state and federal tax component?
3) estate tax planning for non resident.
4) Depreciation for old house. What's the t...
Chris Politylo
Business Plan for Vacation Rental
Greetings investors. I'm curious if anyone has ever developed a business plan which outlines the potential vacation rental income for a short term rental and presented it to a lender or fellow investor? Was it succe...
Kalman G Szabo
Pennsylvania Inheritance Tax Payment for a sheriff sale property
Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
Glenn Patti
long time lurker
I have been on Bigger Pockets for quite some time and listen to the podcast as well, and I realized that I have never posted. I think I did not introduce myself in the beginning because I was afraid that I was going...
Kevin Lefeuvre
Corporate or other furnished housing, short or mid term rentals
Hey everyone,I am trying to reduce my dependence on vrbo/airbnb, by using furnished housing sites in addition to the "vacation rentals" platforms.I see corporatehousingbyowner.com ($230 to give it a try), sublet.com (...
Andrew Edwards
Information on Chattel Appraisals
I have several multi-family properties and I'm always looking for ways to increase my cash flow. Can we start a discussion on Chattel Appraisals?
Who has used this and would you recommend using this strategy?
Can yo...
Joe Kato
Income ideas for 100 acres of woods in Connecticut Rhode Island
Under contract for additional property next to primary residence. 3 lots, sub-dividable, 2 miles from Interstate, 20 minutes from ocean, but in the quiet woods. Looking for ideas how to turn positive ROI on this lan...
Chris Eaker
What would you do with an old tennis court?
I've got a 152-unit apartment under contract and it has an old tennis court that's in pretty bad disrepair. I don't think it's worth renovating, as tennis is a sport that so few people play. What are some creative ide...
Kymberly Chase
Taking Line of Credit from my STR business
My yearly cost to run my STR is $30k and I've been bringing in $100k for the last 2 years. Can I take out a HELOC/somehow leverage to pull cash out for a down payment on another property?
Jared Vidales
Breakdown of my Operation (25-30 Deals/month)
Hey BP Fam! I've posted a few times on here over the last 2-3 years, and thought I would contribute to show my love. BP influenced me to get out of the rat race, and into something I was passionate about. Below is a b...