I'm a California resident but own a rental property in PA, and looking to get another one in PA or out-of-state. Are there any major differences in doing a sole proprietorship vs an LLC; are there major advantages usi...

I am in escrow on a 1 bedroom condo that needs some work. The bathroom needs upgrades, primarily the bathtub/shower. I also plan on having the flooring redone from ceramic tile to laminate floors.First off, what are s...

Hello BP, I'm thinking about pulling the trigger on my first real estate purchase but want to have a second or third set of eyes to make sure I'm not missing anything big. I'm currently 25, living with my parents rent...

Hi all,For those investing in trust deeds or private lending in an LLC structure, do you place an insurance policy on the LLC? I understand taking actions to mitigate piercing the LLC’s corporate veil (e.g., don’t com...

Hello everyone. I'm about to bring my MTR Live and i don't have any kind of insurance.... any recommendation for a good insurance broker? I also have a company car that I can bundle in...Thanks in advance!

Hi BP community, I have some questions about the FHA Loan Mortgage Insurance premium, and other relative cost when using this house hacking method. I plan on buying either a Multi-family/Single-family home to make my ...

Hi fellow BPers,Trying out a new property management company for my property in San Antonio. The company is requesting to add their name as additional interest in the landlord Home insurance of my investment property....

I am looking to purchase an investment property from another investor strictly for the rate.  I will make him whole, and I will take the house subto.  He currently owns the house in an LLC.  If I have him put the insu...

Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To...

Hi I am looking at a home in a flooded area that is selling for asking price 150k (can probably go a tad lower)  tax appraised value was around 300kish ( I know since it has been flooded the value is more like 80% of ...