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As I'm getting the foundation of by business started, I'm trying to take into consideration the tax implications as well as the legal implications of the money I spend. Since I don't know the answer to this questi...
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Hey Everyone, I have a small home service-based business that has allowed me to bring in about 60K Liquid. This will continually bring in about 8-14K/month. I've been listening to the biggerpockets podcast for a while...
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I am getting ready to do joint venturing with others, but want to make sure I have everything in order first. I downloaded a number of JV templates from the Interwebs and it seems like they all specify a new entity. F...
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I just closed on my first deal consisting of two duplexes next to each other but they are on separate parcels. We did do two separate conventional loans which was recommended by the lender. I know there are a lot of o...
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I am in a bit of a predicament with a tenant that rented one of my vacation rentals in the Dominican Republic. He was in the house for almost 8 weeks. We set up the transaction on VRBO and he paid me a discounted amou...
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I am analyzing my first property to buy and would like to know how investors account for business expenses (CPA, accounting, legal, etc.) Should I account for these expenses from the reserves from each rental prop...
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I've seen it mentioned on some posts that lenders like to see that people pay income taxes. What do they look for with conventional owner-occupied mortgages? This is conflicting because we try to write off every dolla...
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I had a quick question regarding security deposits. I live in CA but my properties are in TX and I heard that you can't co-migle your tenants deposits. With that expressed can I simply have a separate acount within my...
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I want to make some improvements to my property but I don’t want to pay expensive contractors. What are some good websites it can visit for reasonably price service
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Hey guys,I'm about to close on my first property and the realization is finally starting to kick in. I need to get my stuff together.So I was wondering, for those who have one or many rental properties, how do you hav...