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If someone was married, 1. Are they allowed to make an LLC with two people or does it automatically have to be an LLP??2. Would it be taxed as a Partnership or just go on Schedule C as an LLC business income? Any pros...
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Are there any pitfalls to the spreadsheet i should be aware of? It seems like his calculations include Property Taxes and Insurance, which I didn't think was tyipcally included in cash on cash calculations.
Hello BP family,
I am a newbie and am relocating to Denver have been doing a lot of reading for the last 6months, this is my first post and I need advice and inputs. on starting out.
Options I am consid...
Is anyone aware of any groups/meetups in Pittsburgh that focus on multifamily investing/syndication? I know there are several REIA's but these seem to focus on flipping and small residential properties. I didn't fi...
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Hello BP,I'm currently searching for a 3-4 unit in the Rochester, NY area and will going through ways to finance my first purchase I came across the 203k loan.I've done some research on this particular loan and it see...
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Spring into Real Estate GrowthSpring is traditionally a very competitive and busy market for real estate sales. With lawns and landscaping coming back to life after winter, and before the heat of the summer hits, home...
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Hi - If I were to reject applicant due to credit done through cozy, am I still required to send an adverse letter? If so - is email ok? Per Cozy's website :If you reject their application based on credit, the applican...
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Hello Everyone, I recently purchased a unit all cash (in February), put in some money into rehab and am now expecting the tenants to move in next week (should be cashflowing about 2k/mo). Can someone recommend a good...
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In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive. When you draw down the reserve you count it as income b...
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In the aftermath of my life mess I took out some HELOCs on my primary residence to bridge some events and funding needed. I plan to pay these loans off prior to the middle of this year and would like to refinance my ...