I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
My grandparents are in their mid 80s, sold their house last year to rent and simplify life. Their rent got jacked up because the market exploded, and now they want to live in a house again for rent control... but unde...
Hello BP,
A few days ago I posted that I had sent out my first batch of 50 yellow letters. Well, I've gotten 5 calls! that's 10% response and I'll take that all day long. So today I got my first lead and of course...
Ok, these guys inspire me, and the show is great, but not being in REI very long, what is fluff, what is drama, what is the director on site telling them to do, stage, etc.
Any comments?
At what point in your RE Investing journey did you hire a CPA to do your taxes? At one rental? At ten rentals? After creating a business? Trying to determine how much longer I should do my own taxes. Thanks!
I'm purchasing a multi-family (2 unit) home out-of-state and working a property management company that will act as dual agent and the property manager post purchase. Where do I have opportunities to negotiate a bette...
Hi everyone,First, thank you to everyone for making this forum such a useful resource. This is my first post, but I was using BP for a while and learned a lot from all of you. About myself. I am starting my business o...
We have done several part time flips on the side while owning another business. That business was sold last October and now we are doing this full time. I was wondering...
How many out there are making a living fro...
Hi All,I am a new investor... We just started an LLC and bought our first property under the LLC's name. We are hiring some contractors (roofing company, mason) that will cost more that $600 for repairs. Do I need to ...
Interior designer for your STR a tax write off ? Considered “startup cost??”