Giovanna Owen
Filing An Annual Report for my LLC
I’m flipping a property in Baltimore, MD. My entity is a Maryland LLC and is only being used for this one flip. I am trying to file the annual report. Is the property to be flipped considered the businesses’s “persona...
Stanley Dean
Rental Property insurance- Personal / Rental Properties in MD
Hi BP Community- I am looking for references for Rental Property insurance- Personal / Rental Properties in Maryland for good rates, as I have currently with Metlife but I am looking to compare as I one Coastal rent...
David M.
property sales: personally owned vs business owned property
Property
our company owns was transferred to the company years ago, shortly after
purchase in personal name. We have our ein and business bank
account already. What are any differences selling our company's pr...
Kyle Porter
For property owners - Cost Segregation Studies get you money back.
Hey y'all! I've been diving into the world of cost segregation studies and its pretty neat. TLDR - it accelerates depreciation and you greatly reduce the amount of taxes you owe. Let me know if you have experience wit...
Account Closed
Everything You Need to Know Property Tax Mitigation
Outside of income taxes, the single largest recurring charge for commercial property owners are Property Taxes. In most states, owners are required to pay taxes on both their real estate as well as their personal prop...
Eric T.
Apartment roof leaks caused property damage - seeking advices!
Dear BP members,My brother is currently experiencing a roof leak issue after recent heavy rain which damaged some of his personal properties. The main cause of the roof leak was from roofer hired by apartment manageme...
Jennifer Freeman
Property insurance FL
I have an investment property and looking to see what property insurance I should switch tooOption One – Has a $2500/2% Hurricane Deductible. Personal Property Replacement Cost Coverage is not included, and valuation ...
Linda M.
tax deduction for for items brought separately from renovation
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Dean Hulsing
Any success in getting the Tax bill down PRIOR to closing?
I am interested in purchasing a MFR that has a substantial amount of personal property associated with it. I am in IL and the owner pays for the TAX at the time of closing and I feel that the Taxes are high in compar...
Kyle Baron
What Happens With Their Stuff?
Hey guys! My tenants will be getting evicted soon and I am wondering, what is to happen with the stuff that they leave behind?! How long before I can get rid of it? Where are there laws that I can read / study to find...