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Results (2468)
Anya Kotova Opening bank account for child LLC
26 August 2021 | 4 replies

Hi everyone, I have opened a second LLC (child LLC) in Florida, owned by anonymous parent LLC in Wyoming (which is owned by me). I got stuck with opening a bank account for child Florida LLC. Got only one EIN that bel...

Michael Feltz Tenants Who Are Foster Parents...
3 October 2014 | 13 replies

Curious if anyone has ever had any experiences related to a tenant who wanted to be a foster parent?I learned recently that my tenant had invited a Foster child into the unit without my prior screening or consent. Alt...

Account Closed Refinance program to help elderly parents
16 January 2016 | 0 replies

Our lender has a program that allows children to help out elderly parents with their mortgage through a refinance process. There are some guidelines for "elderly" but so long as we can show underwriting that our paren...

Michael Theo Prop 19 Parent Child Exclusion for Multi-Unit Property
11 February 2024 | 2 replies

Does anyone know how the Prop 19 parent-child exclusion applies to multi-unit properties. My parents and I occupy 2 units in a 4 unit property as our primary residence. If my parents transfer the property to me will t...

Matt F. Renting to parents?
11 April 2018 | 21 replies

As many boomers enter retirement and want to downsize any one have any experience renting to their folks ? Everything legit I mean, signed lease, fair market rent etc??

Thanks !

Samantha P. Having the kids help
14 March 2020 | 10 replies

I would like to have my 11 year old daughter help out with my real estate business in some way so that I can pay her and she can be a business expense. Is anyone else doing this? What are you having your teens and pre...

Christopher Giannino Collecting rent/income checks for college students
11 December 2014 | 7 replies

I am interested in renting to college students and was wondering what others do to ensure that their tenants pay their rent? I know many landlords do income checks on potential tenants but I would suspect that many co...

Aaron Dermon New to BP, w/ 4 SFH rentals, interested in LLCs and 1031
10 August 2021 | 3 replies

Greetings all,My wife and I have four rentals in four different states and after I cam across a BP podcast last month, we have been considering our options to finally get serious about our investments.  However, we ne...

J Scott For a change...
4 April 2010 | 3 replies

For a change of pace, instead of pointing out all the things that are going more and more wrong with this country, here's an example of something that's actually going right:

http://www.chicagotribune.com/features/ha...

Alice Chen Prop 19 in California
17 May 2023 | 57 replies

Seems like prop 19 has passed in California. What's the best strategy with this new law, that will reassess rental property taxes to fair market value, if passed to your heirs. Since the law does not take into effect...