So I am currently set up as a sole member LLC (officially as of today) but have not yet filed the 8832 or 2553. My question is, does anyone have their LLC set up so that the only member is actually their living trust?...
My tenant put a window AC in. The window screen above the AC unit is now ripped. She is claiming that a squirrel climbed onto the AC and scratched the screen and ripped it. I have no idea if they did it while they put...
I am doing my first BRRRR and I am trying to see how everyone is tracking their rehab expenses? Currently, I am using an excel spreadsheet to keep track of all my itemized expenses. For example, with the HomeDepot Pro...
Hey Bigger pockets. So I have a tenant who has a back porch and they’ve been using the back porch as a garbage dump. Tenants are now complaining about the scent and reported that they are seeing mice and roaches. Whic...
Hello everyone this is my first post and I am new to the BP community. In a few months my girlfriend and I want to buy our first home and we wanted to buy a multi family unit and do a house hack.
After talking to so...
Asbestos!! We are trying to figure out what to do with our rental property we are fixing up. It has flooring that we are pretty sure had absestos. My husband is handy. Should he remove? With a mask and be very careful...
I heard somewhere that there is a seven dollar per diem write-off allowed for food when visiting a rental property. Does anyone know if this is correct? Seems a little low.
Hello beautiful people of BP, I know there are a million threads on BP about mold, but I did try to find somethign analogous to mine, but to no avail. A tenant found what looks to be a little mold in the basement ba...
http://www.danspapers.com/2015/07/top-5-lawsuits-affecting-income-producing-real-estate-owners/http://www.huffingtonpost.com/andrew-m-lieb/top-5-lawsuits-affecting-_b_7849444.html(both links same article)This article ...
Hey All,
I just made a phone call to whom I believe to be a motivated seller. Unfortunately he wasn't available so I left a message with his employee. I asked that he call me back, however I'm freaking out ju...