Mary Jay
Property management in Excell
Hi guys,I am a small landlord, so I dont really want to pay monthly fees to property management company at this point (I will do it later on)So I was thinking of doing it in Excel (since its free), but not sure on how...
Michael Sokolski
When should I start my LLC?
I'm just starting in REI and am trying to learn as much as I can now. I was wondering at what point should a beggining Real Estate investor create their business entity. I've decided on an LLC. I don't have any pro...
Dominic Franco
House Hacking Taxes Lesson Learned
TLDR: Lesson Learned: If you are buying a property to house hack and the unit you intend to move into is occupied with tenants and collecting rent after closing, then for tax purposes, it will be considered a short te...
Gina Nicolas
Should I evict or wait for lease to expire?
Good morning all. One of my rentals has a section 8 tenant. Tenant has not been paying his portion for months. Owes over 2K in rent but I have been collecting section 8 portion. My question for the community is: Since...
Andrew Gavre
Has Anyone Tried This Strategy?
I am targeting homeowners with dilapidated homes that need repair and offering to pay for the rehab and split the profits with them at the end of the project after the sale of the home.
Any idea what this would be c...
Chan K.
Boston, Entity, LLC or Limited Partnership
Hi BPers,I am in the process of buying a property with a friend. I would like to get a recommendation of which entity to form. We are a 50/50 partnership for both cash flow, equity gain, decision, .... etc.I am debati...
N/A N/A
Working Captial, Business Lines of Credit
Who can get a six year old company some unsecured lines for 4-500k?
Preferrably a direct lender or a broker that doesn't charge high fees.
Ashish G.
Short Term Rental Income Schedule E and AB150 SALT taxes
HiI have W2 income and short term rental income reported on Schedule E. I file jointly with my wife. Has anyone figured out a way to leverage AB150 SALT tax workaround in this situation to pay California taxes? May be...
Damon Wong
Optimize LLC Structure with Single Family Rental Portfolio
Anyone have a good consulting reference/source for optimizing business (LLC) structure for real estate rental portfolio? I have a mess of properties in multiple states (NV, AZ, TN, FL, and MO) with some of the joint ...
Joseph Shapiro
1031 2 properties at same time
Hiya team!I have 2 properties that are about to be sold. One is in the name of a LLC, the other in my personal name.Can I 1031 both into a new property that I would like to buy?Thank you.