Bryan Hancock
Your Favorite Personal Finance Blogs
I was hoping the BPers could share their favorite personal finance blogs. These are the two I have tracked quite a bit in the last several years:PFBlog2Million's Personal Finance BlogThere are others that get more pr...
Seyi A.
Anonymous Trust vs WY LLC as Holding Company for Anonymity
Hi BP fam,Could someone outline for me what the pros and cons are of using an anonymous trust as a holding company for long-term buy & holds/rentals vs a WY LLC (with a nominee manager) ? Thanks in advance.
Shaquetta Chittams
Last Opportunity to Close and I don't know what to do
I've been working on purchasing this ONE PROPERTY since September and I still haven't made it to the settlement table. Today is actually the last opportunity to close before the selling bank charges a $100 per diem. ...
Graham Storey
Transferring a Property into an LLC
Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...
Dominic Nastri
Starting out Air BnB Arbitrage
Anyone with Air Bnb arbitrage experience. When starting out did you create an LLC?If so, I am assuming one LLC is enough to cover as many units that you scale to.I read an article that said opening up a separate LLC f...
Kayla Burchfield
LLC for Rental Properties
I am a beginner and in the process of creating my business plan. When creating an LLC, will I need to create an individual LLC for each rental property? (I do not currently have rental property, but am getting my duck...
Brian G.
Changing Depreciation Write Off
Is it possible to change the depreciation write off amount for tax purposes on a rental property? I was advised to use a 40% land 60% structure ratio applied to the purchase to figure out my depreciation amount (which...
Janis A.
New Owner, but old lease?
Hello,I've just purchased a duplex and signed all the closing documents today. I did an estoppel and the tenant has a lease with the old owner that ends April 2019. I'm assumed--and maybe I'm an idiot for doing so--...
Account Closed
Is Quiet Title the next alternative?
Long story, but wondering if Quiet Title is reasonable. WAMU loan 2007 - defaulted 2009Loan Modification Process since 11/2009 - present. No acceptance or denial.15+ foreclosure sale dates postponed.Have requested acc...
Harley Cedoit
LLC on a rental property
Should I put my first rental property (single-family house hack FHA) in an LLC