Paul Haviland
Purchasing LLC vs. Real Estate - Depreciation Impact
If someone purchases an LLC (that owns the real estate) as opposed to purchasing the real estate, is there a tax implication regarding my ability to depreciate the LLC's Assets. For example, if the prior owner has de...
Brandon Heath
S-Corp for Mobile home investing? (s-corp was/is originally photography business)
Hello all!I currently have a photography business that I run as an S-corp. I recently have gotten the bright idea to attempt to invest in mobile homes here in San Diego Ca. This of course is the result of reading Rich...
Dan Galvan
Rent, Owner Finance or Sell
Hello, picked up a nice single wide mobile home on almost two acres for $35K cash a couple of months ago and after ~$5K in updating and minor repairs, I'm in at about ~$40K. I could sell for $95-$110K and double my m...
Andrew Tozzi
Newbie Account Setup and Receiving Payments
Hello All,
I am a first time real estate investor that is looking for information on best practices for setting up a checking account and arranging payments from tenants to be received on mobile apps.
For more det...
Angel Ruiz
Florida wholesale contract please.
Hey everyone how are you? Well Im new to the wholesale game and I have my first deal lined up. Its a commercial property In Tampa. I would highly appreciate if someone can share a wholesale contract with me that they ...
Scott Novak
Hire Employees for out of State Property Management in Texas?
Greetings! I am a California beginning investor/developer building a portfolio of quarter to 3 quarter acre plots to lease to renters for placing their own mobile homes (I call it a distributed mobile home park) in a ...
Charles Wilson
Mobile home lots
I have two 50 x 100 lots I want to turn into mobile home lots and rent out the lots. Looking for input on the process to setup and rent.
Lindsey Costello
Looking for the Angie's List of Providence, RI?
Hello BP community! I've just closed on a triplex on the East Side of Providence which will hopefully be the first of many. I'd like to set up my business account which will manage my rental income through a local ban...
Cody Steck
A few questions on owner financing park owned homes
I own a very small 5 unit mobile home park where 2 of the homes are owned by the tenants, and I own the other 3. I am planning on selling two of the units on owner financing here shortly, but need to get more familiar...
Daniel Newman
Best asset class to optimize for depreciation?
Hello everyone,I run a wholesaling business that is doing well, and I think it's a good idea to buy property before the end of 2023 so I can offset some of my income with depreciation. I'm aware that you can only depr...