V.G Jason
Asset Protection: Two Company Structure Questions
Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
Kyler J Sloan
How to Claim Passive Losses without getting Audited
I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
Kyle Neff
LLC - Must have or nice to have?
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
Matt Schelberg
Tax Liens - What to do when lien is higher than property value?
Every tax lien auction seems to have its graveyard of high lien properties that nobody in their right mind would bid on. (The $25k house with a $30k delinquent tax bill.) What do cities do to dispose of these proper...
John Crandell
New to Washington state, need to build a team
My wife and I just moved from Maryland about 3 weeks ago. Finally settled in enough to start thinking of what we are going to do here. We have a plan, but it is simple in its most elaborate form. I have been a member ...
Sandy Keller
Home Warranties Are they worth it?
I have seen ads for home warranties and of course the company tells me how great they are for rental property. Here is what I have been offered:
Do they really give what they promise? Are they really worth it or a...
Sean Thompson
Section 8 tenant that is breaking the lease
Hey all! My wife and I have a duplex that we rent here in Kansas City. On one side of the duplex, we rent to a Section 8 tenant. We have run into a bit of an issue.The tenant is a single woman, around 55 years old. Th...
Kaitlyn Askey
Purchasing Rental Properties from Parents
I will be purchasing 5 rental properties from my older parents. They are all currently occupied by tenants and the rent they are charging now is well below the market value. We are working with an attorney and CPA to ...
Sebastian Taylor
Frustration with HUD purchase, Sage Acquisition and title company
Hi All,My title company screwed up the HUD purchase for the second time in a row. Actually, I am in the middle of a second case. I understand that dealing with HUD is tough, but what pisses me off is that my title co ...
William Ellis
Incorporate Or Not To Incorporate
I am new to Bigger Pockets so this is my first post.My wife and I are looking to get into property investing and I am currently in the process of getting my real estate license while working a regular full time job.I ...