Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
Good afternoon,I have a property in Gainesville, FL that I am thinking about turning into a midterm/short term rental. It is a 3/2 with a converted one car garage that is a bonus room. This room has the washer, drye...
What are the advice out there on investing in a market where the property taxes are variable and always seem to go up? Thus affecting your cash flow YOY. Can you raise rents to compensate without risking tenant turnov...
Hello all!I have a tax question regarding the Section 121 2 year capital gains exclusion for primary residence...The property in question is originally 3 subdivision lots. Wanting to re-divide the property and sell of...
Hey BP,I just heard about this new loan for firsts time home buyers in California.It’s called the Forgiveness Equity Builder Loan.What do you guys think about it?Here’s a part of what CalFHA.com has in it https://www....
Looking to the future with the goal in mind for managing my rentals vs working a W2 job with benefits what are you doing for healthcare insurance? My current state job has great insurance for our small family of 3 but...
Hello, bought my first house recently. Planning to keep for long term, will live in it and rent it out in a few months. The house has old wiring (no grounds), radiant heat system using a natural gas boiler. The breake...
Anyone know where I can find vacant land with mineral rights? Would the regular land sites handle this or would I need to go through an agent? Nowhere particular just trying to see what’s available and what going pric...
Hello, I am new to the forum, and am interested in focusing on a niche market, renovating older buildings using green building techniques. I'd like to hold on to the properties and rent, but think I might need to sel...
I'm working on building mine with the hopes of eventually dumping my current property manager and curious to hear from others:
1. Did you use traditional marketplaces like yelp, thumbtack, angi?
2. Is it common to p...