I have a friend who has been using an LLC to manage 2 properties for the past 10 year usign Turbo tax
So they have 2 partners, Each of them has a property titled under their individual names (partner 1 ownes prop 1 ...
Hello everyone!I recently purchased a property where the previous owners left A LOT of items and junk behind. Enough junk which required me to call a disposal company to pick it up and dispose of it. Is it possible to...
I'm a CA resident who invests in AZ properties. I invest in Tucson, Arizona, where I lived for ten years, have many contacts, and a local network.
I'm building up my rental portfolio and currently have two propert...
Okay BP, lets hear some ideas from everyone on how to tenant proof your property. I am working with builder right now to build a new duplex. The investor and I are going through the build sheet and cherry picking th...
During the writ of possession tenant expressed that they want all the items they left behind. Does that mean I have to give them 10 day or 30 days according to the PA law? see below or they have the 10 days to contact...
hey there i will be new to landlording in a few months and would like to get my single family home ready to rent. what are some things in my house should i focus on repairing or replacing before a tenant moves in? wou...
In our contract, we state that tenants are responsible for any damages they cause including ones out of negligence. We also go on to list different examples of negligence such as clogged drains due to improperly dispo...
So I am doing my first rehab with a partner. Each of us have rentals, but coming together means we have to align philosophies. Im interested in seeing how you handle these situations.1. What type of locks do you prefe...
Hello BP family, I need your help. We're in a process of closing our 1st deal on condo. Going through an inspection right now and our inspector tells us the a.c. unit is about to have it and it's the end of its life, ...
A syndication investment sold in December. The Sch K-1 was not marked "Final" because the sponsor held some money back. My CPA says the capital gain can not be offset by the passive losses because "the passive Activit...