Do I need to file a tax return for a partnership LLC with no business activity? I’ve heard of a “No/Zero Activity Tax Return” but I want to get some clarification. Much appreciated!
Hello,I just got a new tenant into a SF rental. They were great during the phone screening/showing and the background/credit check all came back good. However, now that they're in the home they keep pointing out the s...
Hello family I bought my first property under my name, should I switch it over to an LLC or keep it in my name along with future purchases? I've heard that doing this could cause problems with your mortgage and insura...
One of the main reasons of using LLC to buy properties is to limit the liability. I have heard investors buy each property under different LLC's to further limit the liability to just that property. I think umbrella p...
“How To Manage & Mitigate Home Repairs For Investment Properties” by By Justin M. Bullock, Real Estate Developer, Investor, & Realtor®It is all too common where I see investors getting hit with additional expe...
Hello fellow BP Members,
I think the conventional knowledge is that landlords should be taking pre move in pictures to document the condition of the unit. We have always done that.
My question is, as a best practic...
Closed and moved into my first property at the end of September. Started renting out rooms shortly after. Would it be worth hiring a CPA to do my RE taxes for the 3 months? I understand, for the most part, how to fill...
As a property manager, I am well aware of the challenges that arise from dealing with non-paying holdover tenants. This is a complex situation that demands a sensitive approach, a thorough grasp of legalities, and a s...
I'm trying to come up with a technique to add some structure to the clerical and communication sides of our rental portfolio. My partner is very REACTIVE (likes to wait until issues happen then find a solution....Like...
Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution. Successfull...