Hi all, Long time lurker and first time poster. If this isn't the right place, feel free to move it.I purchased a rental property many years ago and have been filing taxes under my personal income since I never put it...
Hello - My rental property has been rented for most of last year. In the middle of the year we moved it from our personal names to an LLC. The LLC was opened up in both my name and my husbands. Do we file one LLC and ...
Hi BP members,
My husband and I are BRRRR investors in central Wisconsin (marital property state). We currently have one LLC, taxed as a disregarded entity, through which we purchase properties, rehab them, and then ...
I just sold a property and have the funds with an intermediary. The title of the property was under my personal name. If I purchase the exchanged property under a LLC, which I'm the sole owner of, will that cause an...
I recently decided to try using a property management company - interviewed them, will try one on a property and see how this goes.
I'm filling out the paperwork and...
1. W-9 Form. My property is an LL...
I have two properties that are currently not in an LLC. One is a SFH and the other is a house hack I'm living in. Is it okay that I create an LLC and manage the revenue and expenses for these properties through the LL...
Two and a half months ago a car crashed into the wall of one of the bedrooms at the unit we are renting. It has still not been repaired as the owner was not prepared to pay the $100 excess. Apparently the Insurance c...
Ok BP I need your help.I am selling a condo that has both my wife and I on Title and plan on exchanging into a commercial investment property.The problem I am running into is that in order to finance a commercial prop...
I did a 1031 exchange 3 months ago. Sold one house and purchased a 7 condos. The original house was under an LLC and the condos were purchased under the same LLC. For liability reasons, I want to move each condo into ...