After reading posts after posts of land trust, LLC and asset protection, etc, my head is spinning. So I thought I'd start a new discussion on my specific situation and solutions.I am closing five out of state REO prop...
I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...
My awful tenants in Hawaii have had a last-minute drama. Over the past 4 months they have incurred numerous HOA violations, the police breaking up fights about 2-3 times a week, flooding of my kitchen causing $6,000 o...
Hi all! I'm a RE investing newbie and hoping to get some advice from those more experienced. :) I am looking to buy my first investment property in the next few months... looking at 2-unit MultiFamily properties. I ...
I read somewhere, I think on this site, that an ESA letter must be signed by a mental health professional practicing in the state where the rental property is located. Now I can't find anything about it. I have also...
I'm looking at a deal to buy a triplex in Denver. Based on local cap rates it's nothing special, but if I took one unit for myself and rented out the other two via AirBnB, it would pay the mortgage and kick off 4-600 ...
For those who live in Vancouver, WA: I've been eyeing potential primary multifamily residences or ADU properties there as a way to save on income state taxes. What class B+ neighborhoods do you recommend that I narrow...
Hello, we recently had some tenants move out that had lived in our property for 3 years. We had initially collected the security deposit from them for $700.00. Upon moving out and during our final walk through we fo...
Hello BP family.4 months ago I rented to a young man and did not do my homework. (lesson learned). There is no lease, he rents month to month. The first 3 months went pretty well. Rent is $850.00 a month. This include...
I'm looking for tips on how to bypass the minimum 1-year requirement on an FHA Loan. I am currently house hacking a duplex I bought in March 2019 and just recently bought a SFH on June 1st. The duplex is under an FHA ...