I have a private lender lined up for a flip in Hagerstown, MD. Was going to do a Promissory Note secured by a mortgage. Since all of my investing has been outside the state of MD, I wanted to have a local attorney r...
Hello BP universe!I just read an article about people fed up with the San Francisco housing market because it's "too damn high" and are "leaving in droves!" 46% of residents plan to leave soon but where are they going...
I'm curious to know exactly how to form series LLC. Some of the research I have done supports the concept of filing articles of formation with the State and creating an operating agreement for the master LLC and seri...
Here's a good article for those who are actually interested in Michigan's recovery.
Since the recession ended in 2009, Michigan has sported the nation’s sixth-highest job growth rate at more than 6 percent. T...
I came across this article today and I would like to get your thoughts on it. As I’m sure most of you are aware, the housing market has been recovering since the financial crisis in 2008. Since then, there has been a ...
Hi All -- Specifically in New Jersey, does a licensed agent need to disclose to a seller that they are licensed when purchasing a property directly from them. The purpose is not to make a commission but to act as a ...
Hi, Looks like taking out HELOC to purchase additional investment property is not as beneficial any more (still beneficial! just not as). The interest paid on HELOC to purchase investment property is no longer tax de...
Passive Activity Loss Rules
If you are a real estate investor that doesn’t qualify for REPS status (discussed in #5 below), understanding the Passive Activity Loss rules is crucial. Passive activity losses are those ...
I was wondering if you live in one state would you be able to form a LLC in another state. I currently live in VA and I was trying to see if I could form a LLC in MD?
The reason is that in MD it's easier to form a L...
Hey guys I thought I would share this news article about some anti eviction protestors in Memphis. We weighed in our opinion and were quoted in the article. Over COVID in we waived the tenant late fees, tried to commu...