I have 2 properties in Florida (live in Maryland) one is a long term rental and the other is a short term rental, both are in our personal names. Wanting to move these properties into an LLC but I find out we have to ...
A guest staying at my AirBnB is saying his company requires him to get W-9 from any rental he stays at. Will this be an issue for me come tax time? AirBnB already reports my rental income from what I understand. If h...
This is a scenario that I have not run across before. These numbers are roughly based off of the auditor's website.
A commercial property has a higher land value (100k) than the depreciable improvement value (60k). ...
I have purchased a mobile home in a Texas mobile home park (DFW area). Rehab is complete and I have a buyer for an Owner Finance sale. I have used an RMLO and Title Company for my non-Mobile home single family Own...
My main strategy so far has been BRRRR and like many people I have been the cog that makes the machine turn. So, with that there are limits to how fast I can accomplish things. I've been pondering how to adjust my rol...
Well, closing is set off again on a deal we have been working on for almost three months now. There should be no problems since it's just an insurance assignment to be completed, anyway my son came across a wharehouse...
Is it possible to roll another personal IRA into an already established SDIRA and then into the LLC already established under this SDIRA. I already have two properties in the LLC and would like to move the money f...
Hi everyone. I am new to Bigger Pockets, but I was hoping you might have some advice for me... I have a situation where I recently fired my PM in Arizona, because she was taking advantage of the fact that we li...
Hi, everyone!This story could be very long but I'm going to keep it as short as possible. Here goes:My best friends father passed away recently. Her father amassed a large amount wealth in his life which now has come ...