Hi All,I'm looking to purchase my first investment property and I just had a home inspector go through the house and create a report. I don't know anything about a home inspection and a lot of the stuff just flew over...
My brother and I run a small handyman repair business in the Tulsa area and were relatively new to small business. Up to this point we've been strictly commercial. We have a meeting with a local investor that has a la...
I have pretty much called every known viable bank or credit union in the greater Austin area in the past year and we now have 15 solid lenders that will loan on specs or our rehab projects. This presents an interesti...
Hello,I'm starting to make my way into multifamily investing and looking for like-minded people. Aside from purchasing my home in 2013, I don't have much experience in real estate. My goal is to leverage the BiggerPoc...
Hello,
I have a question about setting up an LLC for wholesaling. Should my husband and I both be listed on the same LLC so we both can sign at closing? I am thinking maybe we both should be, but I assume that mean...
Howdy,
Newbie to the forums and a relatively newbie investor.
I have two rent houses and have separate bank accounts for each one (one is shared with my sister, 50% each). I'm wondering, as I buy more single-family r...
Hi BP members,
My husband and I are BRRRR investors in central Wisconsin (marital property state). We currently have one LLC, taxed as a disregarded entity, through which we purchase properties, rehab them, and then ...
I'm a very experienced investor, but pretty new to BP. Two times I've had posts removed by moderators for "advertising content." In neither case did I advertise or self promote. In one case I simply gave the names of...
According to a recent article published on NYT, over 90% of Americans strongly agree that it is a civic duty to pay your maximum taxes, and many find that trying to dcrease your taxes is unethical.Personally, I want t...
Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?