Hi all!I have a few rentals at the moment all under my LLC. Everything is humming along nicely, and the extra cash is going straight into the commercial bank account I have set up for each property every month.We've ...
Can anyone recommend a good book to read up on general wealth generation through rental properties, how to evaluate deals, how to finance deals, and other intro topics? I found three books so far that seem to touch on...
Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...
So I’m living in a hot equity market (Washington DC) at the moment and wanted to purchase a multifamily ,2-4 unit, as my first property. The more I research and network, I am coming to the realization that they are a...
Hey all,I live in sunny Phoenix Arizona and have been throwing around an idea in my head I'm wondering if anyone can validate or invalidate for me.My idea is to install solar panels on my SFH property and rent it out ...
Hi everyone,
I want to understand the assignment process end to end including what gets signed by who and when.A few points of concern that I hope to feel better about after understanding the process better:Does the seller have vi...
Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?
Hi all,Starting out and doing a lot of research including using the BP calculator and my own spreadsheets to analyze deals. Found that in using the same numbers my calculations don’t cash flow as well as the BP calcu...
I was hoping I could get some assistance in regards to a tax question about LLC ownership. If you own a portion of another LLC with an LLC you are currently managing are there any separate tax implications? My initial...