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Hello BP, first time poster here, and long time podcast consumer. Have listened to BP podcast for a couple years and finally things came together to purchase my first true investment property. It was a 1031 exchange ...
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I am considering leaving the corporate world (day job) and doing real estate full time. As part of my "plan", I am considering becoming an agent. Obviously I would be starting from the bottom, but I feel my past exp...
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Hello BiggerPockets,I am a Realtor in California. I am about to recently close a transaction that will net me a five-figure check. Since Realtors are self-employed, I have been planning on creating an S-Corp to maxi...
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Hello,
I am totally new to RI. I set up my S corp less than two years ago, hence, only one year worth of corporate tax return is available. Prior to incorporating, I was on 1099 for about 2-3 years. My income increas...
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Just curious if there is a rule of thumb when it comes to increasing rent. How often do you increase rent, by what percent, and how is the increase communicated to your tenants - meaning do you tell them what the incr...
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Hello,
I have a 3 properties under my personal name that I'm looking to move ownership to an LLC. Should I get 1 LLC per property or one LLC for all 3 properties? I know multiple LLCs would mean more complicated taxe...
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Long time lurker on BiggerPockets and very grateful for all the great info I've found here over the years. My wife and I are moving out of our current home and going to rent it out. My wife is the only one on that mor...
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Hello,I want to form an LLC to hold my properties, and will be doing this in Ohio. I just got a quote from an attorney there for 1000 dollars to form the LLC for my future properties in Ohio as well as the one I'm ab...
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I set up an LLC, intent being that i would buy a property and rent it out. so the LLC has Agent listed as Legal Zoom, and myself as manager, with my own home addressmy plans have since changed and i will need to move,...
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Hi, I am new to this site and am loving what I have seen so far!
My background is that I run a remodeling company and have always been interested in the real estate market in flipping "junky" homes. Since the marke...