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I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...
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I have done a short wholesaling campaign last year. where would you include/how would you tabulate that come tax time? I purchased rental properties at the end of 2014 and middle of 2015. The wholesaling was a busines...
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Hi. I live in Virginia and have rented out a room in my house for the past three years to earn some extra money. My current housemate moved in on December 1, and has turned out to be a terror -- only a few days after ...
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If you're buying turnkey rental property in your own name (which will be managed by the TK property management arm), how do you structure your bank accounts?
In other words, since I'm assuming the TK property managem...
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Will someone tell me the financial incentives for investors investing in the Greater Boston Area in 2-4 family multi-families with 25% down loans (not FTHB’s) at market price. Understood if you get the right deal it m...
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When I decided to live/work abroad, I needed to rent out my home. A friend recommended a realtor. I've worked with her twice to rent my home when I needed to find a new tenant. She was great! However, she can no longe...
Hi BP,Recently moved to Boston MA, so my questions are really only relevant to Eastern Mass/Boston. I am new to investing in real estate so I appreciate the help. I am interested in creating passive income through a...
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I have heard of folksoffering an incentive to have a tenant to move out. I will be selling my property in NJ in a couple months and my tenant is on a month to month lease. A landlord can't ask a tenant to move out jus...
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Hello everyone! I've got a single family home that I've owned and rented since the beginning of 2007. It is in a nice upper middle class suburb of Kansas City. When I bought this property I had absolutely no idea what...
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I am looking to write a clause in my leases where the tenant shall make me a bill to be paid by their bank so I automatically get the rent every month. Does anyone have a sample of one they use in their leases?Robyn