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Last year I needed to move in with my mother to take care of her. I rented out my condo. I do not have a business set up. My question is how do I prepare to pay taxes on the income I have earned? Do I need to set up a...
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I am currently looking at purchasing my first investment property in the greater Lansing, MI area. My realtor sent me a property that has not yet been listed, 3 duplexes all next to each other, asking price is $229,00...
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Trying to refi a property and ran into a snag. The lender is counting properties financed by the LLC. I am aware that Fannie used to count the LLC properties, but changed their guidance since 2017, so that properties ...
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So I did some searching and could not find any threads about this. Maybe I was searching the wrong words. Has anyone added storage units to their apartment buildings? Such as in extra space near the parking lot, or ag...
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Weird question that will probably require a CPA but wanted to see what people had to say first. Through an LLC a partner and myself flipped a condo in Colorado this year. He lives in Colorado, but I do not. Since ...
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Hi everyone! I am in the process of starting my new career as a house flipper. One of my goal is to find/buy properties in my area that are abandoned. My question is how do I go about this? If there is no record o...
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Regardless of how predictable many elements have been, we are in turbulent economic times. It's more important than ever to invest wisely and earn strong reliable returns. For many years I have been posting on BP, as ...
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I've been reading "The Book of Rental Property Investing", I've been lurking and searching in the forums, and I've been crunching some numbers. I think I'm ready to ask to see a property and put a bid on it, but I'm ...
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What would be the most important factors playing into the decision process of a franchise restaurant considering using an option to prolong their NN(N) lease of a property?
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We enjoyed our lake house for many years, but it has been very idle for the last 2 years. We would like to convert to a rental home and qualify for a 1031 exchange and invest in a rental property in Colorado. We kno...