Hello, BP
My wife and I decided to place our then primary residence for rent in Nov/Dec '19. Its our only rental property. We did not file for LLC or anything like that. Is it necessary to file under qualified joint ...

I created a Single member LLC at the end of last year. I called my CPA to ask about any consequences transferring from husband/wife to SMLLC (myself as the sole member). He mentioned that I would have to choose partne...

Help me confirm my google search, so i can avoid the trouble of doing a 1031 before my property closes.
I have owned this house for more than a year, (i can't claim it as a primary residence, but i think that only ma...

Hello, I am new to the forum and am looking for some advice in selling my house. My house is currently listed on MLS. It was listed a week ago and my agent and I decided to list it for a price just under the comps in ...

Length of the lease term (more than 1 year): the goal is the longer the term of the lease the better. Why? A multi-year lease is extremely beneficial for both the tenant and landlord.

The goal for the tenant ...

Hello BP Community

I have a question and hope to get as many answers and opinions as possible.

Has anyone registered an LLC but elected to be treated as an S corporation? I have read about this in many sites and a...

We’ve owned our unit for over 2 years, but inherited a tenant that just recently moved out, so this is our first time signing a lease with a new tenant.
Is it standard procedure locally to ask for first, last and sec...

Hey, all, is anyone familiar with any good contractors near the Columbus, Ohio area who would be good for various updates I need done on my STR this winter?  I just bought it in the fall and am trying to complete a bu...

I currently own 3 rentals, flip houses, and build houses. What kind of legal structure should I be registering the company? LLC? LLC Series? Corp?

Do you provide pest control or do you pass the expense along to your tenant? I've paid a few times to get rid of ants and it seems like there will need to be some ongoing treatments. What's your recommendation??