I recently purchased an apartment in GA with a LLC. My LLC is a California LLC. I was told by my closing attorney (GA) I need to file with the Georgia Secretary of State as a foreign LLC in order to do business in GA....
For those of you that work real estate in one geographical location and focus on certain communities, do you keep records on houses that you’ve looked at, run the numbers and passed on? I guess I’m thinking that over ...
BP used to have a whole bunch of excel and word files that members had created and that you could download for free. I'm not seeing that anymore, but I can't tell if I'm just having one of those days and am overlookin...
Hi BP - need your help with this situation:
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property C: The last property was held in Acme LLC with FOUR,...
News for FLorida STR owners: “The lawsuit “seeks to protect and vindicate fundamental liberties that citizens of the United States enjoy free from government interference” and asks a federal judge to issue a temporary...
I purchased a duplex in Worcester, MA this September for nearly market value, since it’s a competitive market. Especially, at the age of 23 with a FHA loan. I got a unit rented out in November for S2,000 utilities inc...
What yields the most income tax return, file married separately or file jointly?
I currently live in the Cleveland, OH area and I have an out of state rental property in Chicago. After becoming a student of BiggerPockets, I think my depreciation and some other deductions haven't been filed correc...
Hello all, The Jist:Bought single family house in 2008 for $93k, rented it out til May 2016Renovated house for around $12k and sold for $145k in Nov 2016Previous tax returns say I have accum dep of $26kBefore I head o...
Hi all,We had to recently file for an eviction of a tenant in Southern CA. When the unlawful detainer was served to the tenants, they responded back to the court saying that the unit had habitability issues. This seem...