Hi BP! Thanks in advance for your insights - I just purchased my first real estate investment property a couple months ago (2023) and looking for some tax guidance. I purchased a single family home under my LLC and ha...
We recently had a tenant move out in a huff leaving the house trashed. We were expecting to use the security deposit to help cover some of the costs but the property manager never collected one even though the lease r...
Last year I was up to my neck in debt from medical bills so they started garnishing my check for 25% after taxes. On top of that childsupport was also being deducted from check. Long story short i filed for chapter 7...
Less than a year after Tesla opened its factory just outside Austin, the maker of electric vehicles is already plotting an expansion.
A permit application filed June 29 with the City of Austin and approved July 1 sho...
I just spent most of this month spending money to get my business up and running. I filed it as a DBA for right now and will upgrade it to an LLC when I start producing income.
I accumulated a couple $1,000 in initi...
I made an offer on 5 unit multi property and asking for contingency clause in PA to review actual lease agreements or get estoppal note from each existing tenant. I was send a blank lease agreement and received the fo...
From what I've read on the forums, it sounds like anything over $100 / month per a unit is a solid cashflow, but out of curiosity how would you classify more or less than $100/monthly per a unit?
For example, for a d...
I can't quite find the answer I'm looking for, I hope you can help. I built a house about a year ago and after some discovery on cost segregation and depreciation of various assets I got thinking. Is their more bene...
Does anyone have a Ground up construction calculator? Then to calculate sales, timing and commissions for condo? Then VS rentalThanks!! I would help build one if anyone has a decent start to one. Jesse
I'm wondering if anyone has any insight on properties that have quite large child support liens on them. Is there anything that can be done as far as creative deal structuring with that type of lien?