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I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
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Good news everyone, the $500 de minimis safe harbor limit was increased to $2,500 for taxpayers who place property in service, that are NOT required to produce an audited financial statement(applicable finance stateme...
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Hi again, BP! We are launching our first STR in Florida. I have listened to BP for 3 years so I am armed with the minutia of optimization of a rental business itself! However, to my naive surprise, the absolute very b...
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Before going out and getting my first deal underway I want to know as much as possible and I have bee hearing a lot of "fraud in the inducement" and I was wondering if there was any ways or certain weasel clauses I co...
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It’s occurred to me that by listening to all the hype put forth about real estate investing by the mentors, gurus, reality TV shows, thinly researched newspaper articles, news reports etc. that everyone interested in...
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Am I the only one who likes hearing someone acknowledge another with "Yes Sir or Yes Ma'am"? I don't know a single friend who opens the car door of their lover. Are we so busy that we can't respect those around us. ...
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Hello BP members. Just want to thank you all for posting such great information. With my research and help from you all I was able to get ny very first home under contract within 3 weeks of me learning and still learn...
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After 14 years, my wife just got laid-off indefinitely along with probably 50% of her colleagues. Shes in the aerospace Industry and Boeing was their largest customer by far.
I'm not predicting gloom and doom for a...