If taking over a property "subject to" what would be the Cons to simply having the homeowner transfer the property to an LLC which outlines the ownership percentages negotiated and having the homeowner be a partner in...
OK seems to be a landlord friendly state as TX based on my online research. Is it really true? Plz share ur experience if u have investment properties in OK. I am interested in Moore area. Thanks!
Hello all,I noticed termites in some of the doors and windows that I'm going to rent. I know that the tenants will not like this. I need some tips to prevent this. I found some tips to termite-proof home, but I'm not ...
Greeting BP,
My wife and I are one the process of buying a property in AZ. During our home inspection, a visible evidence of wood-destroying insects was observed, subterranean termite tube. Evidence of previous tre...
I am currently going through underwriting for the first time. I was able to meet the income qualifications for the loan I am seeking, but found it very odd how underwriting treats passive losses for income qualificati...
Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...
Hello All,
I paid a real estate attorney to set up a Texas Series LLC for my real estate rental business. I am treating the main LLC as the parent/holding company and have placed one property that is paid for in one...
My tenants are wonderful people and perfect tenants! I’d like to give them a little something to say thanks for being such great tenants/neighbors. Thoughts? Plus I can add it as a tax write off I’m pretty sure.
Someone once told me that you are only able to flip two houses per year. Because of some law or legallity. Does anyone know if this is true and has anyone ever heard this? I reside in Dallas Tx
Quote from the article: "Texas cases don’t necessarily have a good and distinct and succinct definition of ‘squatter,’” said Adams. “They kind of tend to use the term on the assumption that everybody already knew what...