I just discovered that if I live in California and I have an LLC (in or out of state) I will be required to pay Franchise Tax in California (annually 800$) for each LLC.My first plan was to create for each property it...
Looking to get into some short term rentals in the greater OKC area. Anyone in that market that would want to connect? Would be interested to hear about strategies and returns. Would love to get a place near healthcar...
I’m sure most of you are familiar with 5G connectivity. 5G will not only be faster, but it will also serve as the backbone for driverless cars, safer surgical medical procedures, safe drone operation, less traffic jam...
Property has a $70K 1st and worth around $125K and will rent for $1200 or so. PITI $850. Little skinny but if I can get with little to no cash in the deal except for some repairs it may work. Owner passed and the s...
My most recent tenants broke their lease and left a boat in my back yard I've tried to contact them with no success, I've had the police try to contact them again no success. They left me no forwarding address or upd...
I have an HSA thru my job. If i transfer money from that HSA to my bank account is considered cashing out? What kind of 1099 they will issue? I want to invest it in my own bank with interest but how can I show to the ...
Quick question. After much reading and listening to podcasts real-estate will soon be apart of my life. As with the E-Myth I would like to devise a business plan with policy and procedure in which to not only show my ...
Hello all, first post here on Bigger Pockets.I prequalified for a home loan 4 months ago with a TransUnion credit score of 783 with 0 collections at 3.625%. I had a medical bill that slipped through the cracks and go ...
As real estate property owners, we all know that we can rent out units and homes, but have you considered leasing out your rooftop? I’m sure most of you are familiar with 5G connectivity. 5G will not only be faster, b...
Situation - We own condo (we paid 50k cash 2 years ago and have rented)
MIL is moving into the condo.
Mother in Law has about 60k in cash from sale of her house and 30k 401k, and she gets 2k per month SS.
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