I currently have one property rented out, I own and manage it under one LLC (I am the only partner). My question relates how to properly pay for and deduct business expenses across multiple entities. Especially if the...
Hi everyone, great site. It's been very helpful to me.
Right now I am dealing with one of the easier problems I've had in my short career.
I rented out my first SFR in March. Less than a week after the tenants moved...
I'm currently in a recourse loan on a MF property and in the middle of refinancing. As I evaluate loan offers I am getting both recourse and non-recourse offers. Of course I understand the desire to have a non-recou...
We are currently looking at renting our basement bedroom for AirBnB and was curious what the Denver community has found is the most important to the renters. Also, any suggestions on set up to attract the most traffic?
I am purchasing a duplex. Should I form a LLC to protect my personal assets?
Today my wife, our contractor/partner, and myself went to evaluate a few properties to make into student rentals. Wife and contractor loved a couple single family home to make into rentals and each one can bring in a...
Hi All - my business partner and I jointly own a property in the Philadelphia area and we'd like to transfer ownership to our LLC. However, our property is still mortgaged so we want to ensure this doesn't cause any i...
I've got a 5,500 sf vacant lot and unapproved (not submitted yet) architectural plans for a tri-plex I'm looking to build. The builder I had lined up came down with COVID and doesn't think he'll be close to 100% any t...
I have been throwing the idea around about building a multi family unit. I’m in Indianapolis where 95% of multi units are in low grade D neighborhoods possibly F! I found nice size lots extremely cheap around 3-12k i...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $225,000
Cash invested: $95,000
Sale price: $300,000
All brick 8 units off market with 2 units down to...