If I sell my relinquish property under my name and I do a 1031 Exchange also under my name, can I change my 1031 name into a LLC without a penalty? Should I put my requish property under LLC before I do a 1031?
What are some of the more tech savvy methods to receive rent payments? I will be renting to my first "20 somethings". I know they will grasp the concept of an app easier, than my tenants that I currently receive cash ...
Heard from an owner whose former girlfriend got a judgement against him in 1980 for a house he bought as a single person in 1975. The former was awarded 20% of the house. A few years ago that 20% ownership was quit-cl...
Hello All,I am considering selling a property that is owned by LLC (IL LLC), and buy another one in another state. The problem is, I don't want that particular LLC to buy a property in another state. But my understand...
I am getting ready to rent out my first house (it's my dad's house, he's in a dementia facility now). One basic question that I have: what, exactly happens with the utility bills once a renter moves in; do I change t...
My dad and I are partnering up to buy some rentals. He already owns 2 small SFRs and a 4-unit apartment. We found a bundle of 6 SFR and are currently under contract. We are both contributing 50% of the down payment. W...
I’m a realtor and investor in the Orlando area. We put a 5 unit property under contract, did our inspection and requested the wire instructions. The listing broker sent me the wire info for the title company (which I ...
Hi All, I have an LLC and recently completed my K1 return for my LLC. My question is, for my personal tax return, do I need to complete the Schedule E and/or Schedule C? Or is this not required for my personal return,...
Hello everyone,Quick question. Does anyone here have tenants e-sign their leases? I am using an online service that allows for this. I still have to meet the tenant, give keys, go over basic rules and regulations and ...
My name is Colin Bochicchio and I just started on the board here at biggerpockets.com and so far Im impressed by all the forum topics you guys have here.
I live just south of Tucson Arizona and I work in Information T...