Rodney Saucier
is starting a LLC worth the trouble?
my partner and I have some properties we want to look at, but we haven't established a LLC yet. we were wondering if starting one is even necessary. In what ways does it benefit you? why cant/shouldn't we just go out ...
James Likis
Tradeoffs: amending taxes with cost segregation & bonus depreciation
When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
Melissa Webb
Taking over payments
If I offer to take over paymens, how do I obtain the deed/title, without triggering a due on sale clause? I have a seller who wants to get rid of their house (for no profit) so they can get in their "bigger, better" ...
Frank S.
DBA to mask my identity in Illinois
Hello, I would like to create a separate business identity without having to form an LLC or corporation. Now, I only want to mask my identity from my tenants and contractors. I carry a 1 million umbrella policy and ...
Scott Young
Credit Card to Fund Renovations...lots of questions!
I’ve been doing a lot of research into financing methods as I’m about to finally start working towards my first deal. Purchase financing aside, I’ve seen a lot of differing information on using credit cards (personal...
Lisa Brown
Wholesale
Hello bigger pockets community! I am so excited about kicking off my new venture as a real estate investor. My focus right now is trying to obtain a wholesale property. I have looked for properties on auction sites an...
Manuel A.
Manuel - Wholesaling Log
Ok, this is a thread for anyone who wants to follow my wholesaling adventure. I am making this so everyone can see exactly how I'm going through this and once I make my first deal, I'm sure this will be an amazing res...
Account Closed
How can a landlord protect himself against the bad apples
Hi guys. I'm close to having my condo ready for renting. I have to go year by year by the by-laws. I'm putting in a lot of effort into making this property respectable. My question is, how far can I go in the leas...
Todd Krzeminski
Wyoming Bank Required for LLC?
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
Aaron Grant
Are Condo Rentals Easy to Manage????
What's it like to be a landlord who rent out condos? What are the pros and cons?