Hello Everyone! We are a husband/wife LLC (single member LLC, disregarded entity) and report our rentals on our personal taxes. We currently have four multi-families in two LLCs (10 tenants). We plan to add more small...

Hey everyone,I'm a newbie living in upstate New York; I visited an accountant today to talk tax strategy.  When I mentioned forming an LLC for asset segregation and protection, he said that an S Corp would be the way ...

Recently, in working to start up my investing business, I stumbled onto the idea of using large personal loans for funding purchases and rehabs of rental properties. Once tenants are in place, I would refinance to a p...

What are good questions to ask, when interviewing a potential real estate CPA.

What if any difference is there between a revocable living trust and a land trust?

When it comes to smaller sized multi-families and small apartments what has been your preference for analyzing multi-door deals? I have been bouncing back and fourth between the two because of the potential value that...

I own a property in Ocala that was managed by Resolute property management now known as Clear property management for the past 2 years. Rent was paid on time and didn't have any issues. However when tenant vacated in ...

I live and have rental property in Houston, Texas.  It floods in different parts of the city.  I'm curious to know/learn what my responsibilities are to my tenants if my rental house is flooded or in general becomes u...

I am starting with around 100k and I am wanting to start in student rentals to lessen the worry of vacancy. My primary issue is that the price tag for off-campus student rentals gets around 200k-400k very quickly. My ...

Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...