Catherine Brennan
Seeking LLC advice and MI resource
We are buying an investment property in the Upper Peninsula (MI). We are located in Chicago, IL. And, we need to figure-out the best entity to purchase it under.
Our CPA recommended this:
The most efficient struc...
Aaron Nguyen
What kinds of properties are there?!
Hey everybody! I am new to real estate investing and wanted to know what kind of real estate properties a person with minimal cash to start out with would be looking for. Also, if anybody had the time. I'd like to kno...
Ace Goodrich
How to Get Better at Maintenance & Damage Issues
Quick question: what's your professional recommendation for maintenance and damage costs? Do you hire contractors/subcontractors that you know or
use franchises like Servpro, Merry Maids, Stanley Steamer??We
...
Danny Lyu
My 2 Options: Personal vs Commercial Loan
Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
Debbie W.
Depreciation and Tax advantages of a non cash flowing property
Will depreciation help minimize cost if SFR is break even or not cash flowing? I have 2 other rentals that cash flow. I have read everything and just can't seem to understand how the tax breaks apply. This home and 1 ...
Don Solt
Tax Filing Advice for Family Member Living in a House (TurboTax filer)
Sorry in advance if this has been asked 100 times. I used the search feature but wasn't successful in solving my problem.My sister-in-law has been living in one of our houses for 2023. She covers the mortgage, that's ...
Chander Sri
Big setback on first purchase. Seeking ideas to get back up and continue investing
Hi All, This is my first post. My best friend who is a avid BP member suggested to reach out here for help. So here it goes....I bought first single family home (2000sqft) 2 yrs ago in Cedar Park, TX area during peak ...
Dan Simpson
Tax question
I'm new to the real estate game, about to flip my first two properties and expect to clear around 50k combined on them. Is it a good idea from a tax standpoint to use the profits to put down towards a new personal hom...
Jure Klepic
CORP or LLC
Hi, I am seeking advice on what kind of entity I should form for tax lien investing. My primary goal is not to own the properties but to simply reinvest the lien return into the lien. I understand that if I buy the p...
Dan Aharon
Construction loans for primary residence
Hi folks,I am looking for a construction loan for what will be our primary residence in greater Miami, FL (we may convert it to an investment property later on down the line but will live in it first) and I'm right no...