Scott Everhart
Entity Structuring with S Corp and multiple LLCs
I was thinking I need to evolve my entity structure approach with my real estate business. My wife and I have an S Corp that holds our properties today. We have properties in IL and TN. I'm thinking I need to add some...
Dan Falla
Can I download a Txt message thread?
I am having problems with a contractor and I need to get a full copy of our txt discussion. Does anyone know of software or a way that I can download the txt thread?Thanks
Jephte Augustin
Consider converting your garage into livable space for rent
Turning your garage into living space is not as difficult as you think. I believe it is a great strategy for those who are looking to get into real estate investing using a home they already possess. You can transform...
Michael Quarles
What to ask when a seller calls.
Some investors want to know the sequence of questions to ask a prospect I’ll never ask their name or house address until they qualify themselves as a prospect at the minimum amount of 85% of as is value. this is the...
Joseph Kotey
New strict NYC Rent Stabilized laws- How can we make $$. now?!
It seems that the new Rent Stabilized bill that was signed into law last week by the Governor makes it impossible to make money off rent and do a condo conversion. Any ideas? Now "51 percent of tenants in the building...
Tony W.
Disclose garage converted to living space
I have a house that I advertise as a 3/2. It has 3 bedrooms and 2 baths in the main house, but it also has a garage converted into a 1/1 studio. I am about to rent it out and my tenants intend to have someone living...
Liz Ridgway
Passive Losses at Time of Sale
I am reading BP’s Tax Strategies book and I wish I had read it sooner. This should be required reading for anyone who owns RE, even if only a primary residence.My question pertains to passive losses. Due to the income...
Trenton Hall
LL evicting tenant, but my vending machine is inside!
Hey Biggerpockets,I have a service contract with a tenant, who was served an abatement warrant. For those unfamiliar with abatement warrants, the city puts it's own locks on the property for a period of time to stop t...
Tim Hoffman
Should I convert my traditional IRA into a Roth?
I used to have a "Real" job and contributed to my 401k as much as I could. When I quit and went into RE full time, I rolled over into a self directed IRA, NOT a Roth. (This was done to keep my income low as I contin...
Ryan Cramer
Is anyone using Minute Pages for lead generation?
I came across this program today and was wondering if anyone has any experience or feedback on their service.