MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
Let's start by saying I am a newbie when it comes to not buying or selling. I am trying to get a feeling for what makes a good deal or a bad deal and the different strategies when buying a non preforming note. I'm loo...
I recently purchased a Duplex in Ohio with my mentor. We purchased it in our individual names and are trying to decide if transferring the deed to an LLC is worth it. I was under the impression that an LLC protects yo...
I am being threatened by my HOA board. Originally, the HOA president and my neighbor had no problem with me airbnbing my property until I move in. The other HOA member said this.... After I asked her why I haven’t bee...
Could someone please give advice on if I should buy my first U.S. property in my personal name or in an L.L.C.? I am Canadian and it's been recommended to me several times by accountants to just buy my first property ...
To protect my personal assets, is it better to form an LLC for each individual investment property I purchase, or to just get an umbrella policy?
Hi, Newbie here. At the moment I am reading The Bigger Pockets book Rental Property Investing, getting the basics down. I am also starting to analyze some properties in a particular market. I have a general question a...
Ok. So I purchased this foreclosed property for a really great value ($47,075). The bank just sent my realtor a note saying that because there are 2 liens that need to be handled (they are taking care of them), that c...
I had a recent experience with a lender that baffled me and wanted to share. I purchased a 40K home that was being used as a college rental. Based on doing prior deals with the seller and his motivation to liquidate...
So far the best rate I've seen for saving accounts is from Varo bank, they give 2.48% if you jump relatively simple hoops (5 debit transactions/month, 300 a month in direct deposits). Do any of you know a higher APY s...