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Hello BP. Is it a good practice to place each investment property under a separate llc? I think its a good idea for fix and flips but i dont know how its useful in buy and holds . Any advice is greatly appreciated
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I'd appreciate some input. Some initial rambling: I have a detached garage on my duplex rental property that I've not yet rented out -- so far I've been using it for rehab staging/storage. It's a small 2-car with 2 ...
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Hey guys I'm running the numbers on a new triplex I put in an offer on the other day and they currently have oil heat which I'd be responsible for paying for. Based on the numbers I have it costs about 2400 a year or ...
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Im gutting a Mid to low income area single fam home with an accessory Apt. It will need a new HVAC system. It previously had a forced hot air w/oil furnace. There’s no gas in the street. I want to keep the heat separa...
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Hi BPI am future planning.I kinda know about 1031 exchange but never done one, b.c #1 timing and #2 not cost effective at the time------I bought a duplex that has 2 separate deeds, I am currently rehabbing and hopeful...
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Why do many investors say that you should keep your property management business in a separate LLC for tax benefits? What exactly are the tax benefits?
I do so the logistical benefit - if you have many proper...
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Hello BP community,Not sure if this is the correct forum, but figured I would ask.I currently live in a SFH with finished basement with a separate entrance and bathroom. I want to add a small kitchen to it and rent bo...
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Has anyone had any luck renting out a storage for one of your rentals separately from the rental itself? My condo has a small storage space that is physically separated from the condo; I think it would rent for an add...
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Ran across a listing recently which was a 3br/2ba. 2/1 on main level and 1/1 in the basement. Kicker is that the basement has a fully equipped kitchen as well. I am a wannabe househacker so this is pretty intriguin...
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Had a young couple with a child split up. Girl moved out first ( he was stealing a part of the rent money - nice guy - haha ) and then he moved out a month later. We were happy this happened as we were not going to re...