Hello! We currently have 1 very successful STR in the Dallas area. I've been looking at a few other locations 3-4 hours outside of Dallas that have more relaxed or set-in-place regulations. Two questions for those of ...
Hello Everyone,Having trouble locating some answers on this. Answers on google seem to be a bit spotty. My business partner and myself purchased a property in 2015 and its going to market in a few weeks. We have se...
In a conversation with a (local) LLC IRA facilitator I was told that IRS started to look into LLC IRAs cause many people violate the rules and no one is watching them. This particular facilitator structures the LLC so...
I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
I received an email from my PM in Phoenix that said, "On a recent routine audit we found an account code mistake within our software for your property" and "As a result, you have not been charged a management fee si...
Yo Bp, I’m on a family shared phone plan that is not in my name. Can I write off part of my phone bill? Using it about 30% for all transactions & communications.
My servicer asked for a copy of the quit claim on a note. Is that normal? And should it be a copy but not the original? Thanks for any info provided.
As many of you know the G passed a bill last year that put thousands of dollars to towards auditing an income level that many of us investors are in. I've always had audit-proof books. I even passed an audit 100% i...
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...