Jared Siddle
LLC or to own properties in your name
Is it best to own the properties in your own name and then have an LLC or other tax structure rent them out or just have the LLC own and manage everything, therefore, limiting any liability to you personally? Are ther...
Wills Manning
Looking to buy first commercial building
I am looking at buying my shop (It is a building and a barn on a .4 acre property with a fence surrounding). I am one of the 3 renters (I have a landscaping business). Total rents are 2050, taxes are roughly 3300, an...
Nancy Molinari
tenant toilet plumbing damage
Never ending tenant issues. I just renewed the lease another year for the tenants, yes, the same ones that brought bed bugs in but I thought it would financially be cheaper than going without rent for a month and repa...
Chace Dietrich
Strategy when buying a house with a reverse mortgage
Hello all,I have a line on a property in San Antonio. It has a reverse mortgage on it (approximately $120,000). I have been speaking with one of the heirs and they are looking to get rid of it. My question is, what wo...
Brandon Kessler
Paying for Personal Expenses with Business Income
Hi all - I have a few questions surrounding the idea of having an LLC or some other form of entity. For background I do not have one currently and only have one rental property that’s a single family home but am tryin...
Brandon Addison
Are there Solo 401-K-like options for Independent Contractors?
I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...
Michael Tempel
Property Tax Question - Tax Value vs. Purchase Price
Does anyone know if the property tax rate is showing a higher rate than the amount of purchase if it should be reduced to the actual purchase price? I haven't been able to get a good answer from the county and was h...
Ben Morrow
How do you pay your cleaner and handyman?
I only have one STR at the moment but could have upwards of 5 by the end of 2021. I’ve been using Zelle and Venmo but I think it’s time to treat this more like an actual business. Any advice is appreciated.
Neetu Patil
About section 8
Hi I am renting my home first time. I want to know is renting to section 8 is safe ? And what is the rules for that? Any different procedure do we need to do for section 8?
Thanks in advance
Steve Smith
How to LLC and another LLC
Have LLC for buying and renting homes want to set up separate business to manage, do repairs for LLC and want to do the work myself in that business. Can Joe Doe LLC (owned by Joe Doe) hire Joe Doe property managemen...