Looking to use the short term rental loophole.
If I use the short term rental loophole for my STR, I material participate and do a cost seg study.
Can I take the value of the building in the first year as depreciati...
Hello,I currently have contract to buy a duplex in Lexington, KY. Two weeks into the loan/under writing process, the lender just told me the lot/structure is considered two townhouses, not a duplex (I confirmed he is...
Happy New Year everyone!! I know I am a bit late, but I wanted to share the highlights of 2021.
I started my Real Estate journey late 2019, a friend of mine encouraged me to get into Real Estate and I spent the rest ...
I own a property management company in Baton Rouge, LA. We are in the process of transitioning over to AppFolio, and in the process we have decided to no longer accept partial rent payments and are instead requiring a...
I currently own a property through my LLC that I am looking to refinance. I just had one lender tell me that if I wanted to "refinance" into my personal name (they don't lend to LLC's) then it would actually be a sal...
Hi everyone!
I'm looking to get some information regarding property management and what is required to start a management company. I know you need to have Sales License as well as Brokers, but how does the Br...
Hello BP,I know in general, most recommend using LLC when buying property to some way to limit your liability from the property. 1. Any disadvantage of LLC over owning individually?2. Do you get less preference from l...
Looking for best of both worlds in pricing and protection. I have 4 new SFR that will be completed at various points in April/May this year. They are being bought in a trust and are the only properties in there as of ...
Hey all, brand new one here - first post! I've been reading a lot, but can't find the answer to my question. I have two rental properties, building two new ones right now, and have four more lots on which I plan to bu...
Good Afternoon BP,
Let's talk hard money loans..
In the state of Georgia, where I am from you do not have to have a MLO to write hard money loans. Would you as a buyer, feel comfortable and confident using a loan th...