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Hello!I've been practicing my deal-analysis skills using the BP calculators. I'm looking for cash flow properties (duplexes in particular), just using Redfin to get a feel for the analysis process and what inventory m...
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Hello. I own and manage a number 3 bedroom vacation rentals, hosting 6 guests on average. I don't drink coffee so I struggle to know exactly what guests would prefer. I have read that the choice of flavors of K cups...
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Hi,When 1031 exchange is performed, what happens to the Passive Activity loss on original property? We have considerable PAL and good equity on the original property, wondering what happens to this loss after the exch...
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I am a 21 year old college student that has completely supported himself, financially, for the past 4 years. This has left me with very little money, and I too do not have the best credit. I will be graduating this up...
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I’m looking to get started in an LLC for the two rental homes, I currently have. However, I’m trying to research which option is most beneficial. Do I create an LLC per home or one LLC for both homes ? Looking for inp...
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Hello everyone! Nice to meet you all and introduce myself. I am currently doing an engineering PhD at Gatech, Atlanta. Seems like there are mainly business people here in the forum...so please don't view me as an alie...
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I want to begin by saying that I do not recommend just ANYONE doing this, and my story is based in Florida and what we are able to do here....with that said, here's how our deal went down.I was contacted by a seller w...
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Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
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1) Am I at risk if I try to wholesale without an LLC?
I read a post from @Ned Carey in this thread that mentioned an LLC is less important if you have less assets to protect. What about as protection from a...
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Hello, I am considering accepting Section 8 voucher tenants for my SFH and small MF rentals in Travis County. After reading previous forum posts, I've come to find out Section 8 can be tenant or landlord "friendly" bu...