Governor Kay Ivey previously banned law enforcement from executing eviction and ejectment orders. The stated purpose was to keep people inside their homes during the COVID-19 crisis. The order did not have an expirati...
So I am currently set up as a sole member LLC (officially as of today) but have not yet filed the 8832 or 2553. My question is, does anyone have their LLC set up so that the only member is actually their living trust?...
Hello, I recently bought a 24-unit property with 2 other investors (family) for first investor driven purchase. I promised to provide a quarterly statement on how property is doing. I wanted to reach out to BP membe...
As a specialized real estate CPA serving investors nationwide, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your renta...
Wee have a two part question for you guys. Here's the back story... We have the opportunity to wholesale our first house and the buyer is very motivated to sell... but here's the dilemma. The house was orginally built...
On a different thread, I was challenged by my usual sparring partner @Eamonn McElroy. Our purely theoretical disagreement was over a $100k excavator to be used in a rental business, which I'd call a stretch to even co...
Hello all, I don't plan on refin out of my VA loan anytime soon but do you think I should of done it like six months ago so I could of use my VA loan again to buy my next house hack. (water under the bridge) I have a...
Hi all! Very excited to join and learn all that I can here. I am an upstate NY software engineer looking for a way out of selling my time. I was convinced of Real Estate Investing as the best alternative over a year a...
Hi guy's,I have a bank account the past couple of years but haven't saved anything in it until recently. Now I am consistently saving each month for a down payment. I am just wondering by the time I save up for the do...
As part of building my team, my brother and sister in law live in the area where the rentals i'm acquiring are. They will be doing odds and ends types of things to help prep the house for rental. Things like:- Paint...