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Hi BP family, So I live in California and want to buy property in Maryland, (buy, rehab and hold). Will it have a tax impact if my LLC is registered in CA and doing business in MD versus having it registered in MD wh...
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Hello, I am a out of state buy and hold investor. I have a LLC in Hawaii and I have my hawaii property in it. I bought a property in Indianapolis and was advised that I can put it in my hawaii LLC and file as a fore...
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I have read many suggestions in landlording books that it is smart to note every contact point one has with their tenants to help "paint a picture" for a judge if one had to go to court. I just signed my first tenant...
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Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...
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I am starting out as an investor and have done some reading on Series LLC. I searched in the forums and did not find an answer.
I have seen a setup as follows:
1. abc LLC (Parent LLC)
2. 1 Series LLC "cell" to manag...
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Hello BP Team,I am currently working on establishing a partnership with a person who i know for a long time. Eventually, we want to acquire a SFR or Duplex for Buy'n'Hold with 20% down and total cost between $100k-$1...
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I purchased a house in Fort Worth, TX .. and it has people that have already been living there. . I've never evicted anyone, so i don't know the process. Can someone please explain the steps i need to take. .
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I've got a deal where the seller and I are on pause until we hear back from our attorneys. He inherited the property from his deceased grandmother but the estate is currently in the public notice process(?) and wont b...
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I have searched the Web on information regarding Probate Real Estate investing. I am not sure many people know that in order for a Personal Representative (Executioner) to sell the estate, they have to have full a...
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I understand that it is difficult to prove that a vacant house or lot is "abandoned". In theory, an ejectment would prove that the property was abandoned. However, my attorney doesn't see how to file an ejectment on...