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...

Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...

I have been looking and i think i found a property i can move on it pretty immediatly. Its pretty inexpensive its will provide a decent amount of cashflow i am in the position to get it with no money down i am going t...

While replying to another thread about family size, I was reminded of two separate incidents regarding size of another nature.The first was a few years ago when I showed a vacant 2BR/1BA house to woman who had called ...

I had a tenant whose 17 year old child was busted at school with a small amount of weed (enough to use, not enough to distribute). I am fairly certain it is the first criminal offense for anyone under the roof of the ...

I have a parcel that has a house plus some adjacent vacant land that I have owned less than a year.  I subdivided and now have separate offers on the house and on the residual vacant land.  The sale of the vacant land...

Hi MKE self-managing landlords, I'm wondering about your opinions on having the ability to delegate rental turnover showings or repair coordinations on-demand to a real estate agent for a fee?My name is Meng, and I'm ...

The management company in Indiana has been collectng rents but not paying me. (owner) How is the best way to put presure on her to pay the $20K that is owed?

Hi all! I'm a newbie! I posted in the Newbie forum but figured I'd post here too! I have a few bucks in the bank and after reading several books and getting the "itch" again, I want to invest in real estate. A litt...