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Hi,I have a few multi family properties and I manage them myself. I have following questions around how to organize the properties and management.1. To keep the accounts and tax simple should I start a property manag...
Hello BP,
My name is Andrew (friends call me Drew) Nickell and I have been following Bigger pockets for a while now and it has solidified my interest and excitement for my future in real estate.
I am almost 21 and j...
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Hi all,I'm looking into buying a group of condo's for sale in a complex where there is an HOA. Normally I wouldn't think about working with an HOA but all of the condo's are owned by investors so the HOA board is mad...
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I recently came across a 16 unit multifamily complex that has some pretty attractive qualities. I am extremely interested in pursuing this property, but I have little capital until I graduate and start working in May....
(No replies in the Landlord/Tenant forum. Trying here instead.)Hi BP Community,Have a question regarding creating an LLC (or other form of business) to "manage" my rental unit (currently just one, may be 2 in the near...
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Hello All. I just finished a renovation of a 18 unit apartment complex that happens to be near a few military installations. As a veteran myself, I would love to offer military and families a discounted rate, and a re...
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I have a question that I am hopeful someone here will know. For tax purposes, the real estate professional designation is something that is very helpful if you are an investor. Would a home inspector be able to clai...
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So I am in another state where I just purchased a duplex on Monday. I drove here and have of course have saved my gas receipts. My question is, is everything on this trip a write off? I am solely here to do some work ...
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Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well. Lets say that i have a total o...
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Hello everyone, I looked around on the site and wasn't able to find an answer to my question. Apologies if its been answered before.Does STR or MTR arbitrage qualify a person for Real Estate Professional Status (REPS)...