So I registered an LLC with the intentions of opening a business checking account and running all the finances for our rental property through that account.We are not closing with the LLC on title, but I want a bank a...
My father-in-law and I own a duplex rental property that we have a commercial loan on with our LLC. We are pretty green with understanding all the in's and out's of rental properties, but we are educating ourselves. W...
I have a tenant that has been renting for 3.5 years and is not the best tenant. Nothing major but usually late and has a few lease violations in her file that she has corrected. Her job was not affected during Covid b...
Hey BiggerPockets,What are everyone's thoughts on the recent mortgage rules being rolled out?http://www.canadianrealestatemagazine.ca/news/mort...http://www.canadianrealestatemagazine.ca/news/genw...Some thoughts:Are ...
I have a question about wholesaling tax delinquent properties where the homeowner still owns the property. Could anyone give me some advice or en example of wholesaling tax delinquent properties.Thanks!
New to investing. About to start purchasing Section 8 homes in the next 60 to 90 days and wondering how and if I should set up a corporation of some type to own the properties to protect my assets and get the potentia...
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
I have a few properties in one LLC and am in the process of purchasing an 8 unit also in it. Looking for other properties as well.
Just wondering what would be a good way to figure out if a new property needs a new e...
I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...
Hello BP and CPA’s! Newbie question here: I’m buying a house with a “sub-series” (Series LLC in Texas). My question is should rehab money come from the same sub-series, or can/does home improvement costs come from the...