I own a property in NC and I have a S Corp set up in Nevada. I'd like to acquire the property in under my S-corp to provide me the protection of the corporate vail. Also take advantages of some more tax write offs...
Back Story: Grandma has Alzheimer's. Her granddaughter took her in. They haven't gotten guardianship but are working on it. (cost is $400) The home had new windows, roof, and gutters installed around 10 years ago. Gra...
Hey BP,I am looking for advice on how to structure a partnership. JV or LLC as partners. What are the Pros and Cons, implications, etc. I currently have 5 units that I have acquired over the last 24 months with my own...
Good morning!Looking for guidance regarding septic tanks:1- for those familiar with Tampa Bay area, are septic tanks common / expected in the Holiday, Port Richey, New Port Richey area?2- based on the location above, ...
Im considering purchasing a new primary residence. To fund it, I would sell my current primary residence and potentially one rental property (havnt decided which one, unfortunately I do not have one I have lived in f...
Can someone educate me on the guidelines and help me determine if this option is possible? I'm looking to understand what the determining factors are to decide if it fits a 1031.I'm selling a rental condo to 1031 exch...
Does anyone have any experience with a contaminated well? This one tested positive for E. Coli and the health department recommended adding bleach to it. Seems dangerous to me. Plumber said adding chemicals to a we...
Hello, so my friend purchased a home built in 1961 in Ventura county (Moorpark/Thousand Oaks/Westlake Village/Simi/Agoura area) with popcorn ceilings with the intention to rent it out and/or Airbnb part of it. They a...
Been dealing with a "small" cockroach issue for several months now. I hired an exterminator immediately as soon as the tenant reported it to me. I've had probably six follow up treatments. At first it was just the ...
Hi BP:Recently I was told always to check the state issued GIS wetland map (I am in NJ) before buying any properties, so I started doing that just out of curiosity, because I thought all the already approved and there...