Im sitting here just pondering different ideas and was wondering if buying a house and renting out the individual rooms (while living in one) is an ok way to make my first investment. Im currently just educating mysel...
Are you able to proceed with eviction if the following occurs?
The tenant signs the lease and is living in the property, the tenant has a partner and two kids documented to be living with the tenant.
The partner(gi...
We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective. Is there a difference?I alread...
Hello all,
I have vacated one of my properties and where I use to house hack. Since the other two rooms are currently rented by the room, I will be renting out the room I use to stay in to a different person and con...
Hi everyone,Our partnership files a 1065 for passive real estate income. In the past we've always reported passive losses on our real estate investing activity. This year (2022 tax return) we are reporting passive n...
Hello Bigger Pockets,I am a Private Money Lender. I only lend to real estate investors. I only lend to business entities (i.e. LLCs and Incorporated). I do not lend to individuals. I also only lend on non-owner oc...
Hello everyone! Im Kenneth, but everyone calls me, and can call me any of the shorts to my long name! Lol! I am a Florida native originally from Miami, Florida whom has lived around this state searching for the just ...
I just listed a 3br house for rent. Until now, I haven't thought about how to handle it if not all of the applicants meet my minimum credit score. Should I just deny them all? Or, should I accept with conditions if on...
Is anyone familiar with the legality of renting out an accessory dwelling unit or in-law suite in Baltimore County? The county offices are making it impossible to get a straight answer.@Ned Carey Account Closed
Any advice, suggestions, or strategies on this scenario would be greatly appreciated: My husband and I are purchasing a single family home at auction (we have done our due diligence) as a first investment property. Of...