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I am new investor and currently building my portfolio. However, I would like to get a few properties for AirBnB. I want to know is it possible to rent a property under your LLC?
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Hi y'all.I'm closing on a duplex in Ohio and I'm looking for some home insurance advice.
- I will not be living on this property- Duplex's s price is $90k in a C neighborhoodI already have Umbrella coverage of $5 mi...
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I'm working toward buying my first rental property and I was wondering what were some things that people recommend getting set up prior to closing?For example: Should I get a business dedicated bank account and credit...
I have never been a person to use credit much. Always viewed debt as bad, until I realized how it can be used in a good way especially when someone else isn't paying for it.So this was my first full year involved in ...
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When I first got into real estate a few years ago, I immediately started an LLC with a partner and put all purchased rental properties under that LLC. Most of the banks we have partnerships with give us commercial mo...
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Hello,
Wondering if this is a good quote in terms of numbers and things that are covered under this property insurance
$302,500 Dwelling Coverage + 100% Extended Replacement = $605,000 Total Coverage to rebuild th...
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If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...
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Hey there. New to this so please forgive any ignorance. Some investor friends and I want to pool our resources together to purchase a smaller unfinished residential development (7 Parcels), build the homes, and sell t...
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I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
Found a house not far from me with papers taped to all the windows. I stopped and snooped around. I'd love to buy it. Talked to the neighbor. He said the owner died 5 years ago and it's sat empty ever since. He also m...