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Results (489)
Beth Rook Does each LLC have different EIN?
9 February 2023 | 12 replies

If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN?  If so, how would taxes be filed?  I understand a single member LLC files a personal tax return and that is ...

Lance Friesz 1031 into a new primary home
15 September 2023 | 10 replies

I am hoping to get some help on a situation we are looking at and would appreciate any input! I also understand that this is not tax advice and I’ll will be working with a CPA.My wife and I are looking at purchasing a...

Bob Okenwa GC vs Subcontractors
30 March 2017 | 15 replies

Hi everyone,I was wondering how many of you exclusively use GC's for everything on a rehab project or use GC's for some of the work and sub-out some of the work yourself? For instance, I have a few connection on my ow...

Allen Carpenter STR Occupancy Rate in Austin, TX
26 February 2022 | 22 replies

I am curious about occupancy rates for Short Term Rentals in the Austin Market. What is the average occupancy for anybody doing this in the area?

Daniel Levine Real Estate- Accounting
15 February 2015 | 12 replies

Can anyone point me to some good books, websites, or software programs that can help me learn more about basic Real Estate Accounting?

Alex R. Your thoughts on what makes a property “in a war zone”.
7 September 2009 | 35 replies

I’ve seen in posts and in books advice to newbie investors to find cheap properties in low income areas, but to stay away from properties “in a war zone”. But these posts and books never quantify what the diffe...

Jordan H. New member from Washington DC
10 September 2014 | 8 replies

Hello,I recently came to the conlcusion that there had to be a better way to invest for my future. I started asking the right questions, and those questions eventually led me to BP. This site is an amazing collection ...

Pat Snyder Empty house, no income, mortgage due
15 May 2013 | 13 replies

I have a modest, newer modular home that i was unable to sell within about 6 or so months, so, i decided to rent so that i could have some money to pay the mortage.

Recently, the renters, after about 2-3 yrs have had...

Kyle Evans Almost time to buy my first rental!
24 November 2014 | 21 replies

Hello everyone! So It's almost that time! I'm turning 18 December 20th and looking to purchase my first rental property soon after that! I know what your thinking.....There is no way! When you want something bad enoug...

Michelle Mapp Land Trust Attorney in CA
29 April 2017 | 10 replies

So , I don't know if I have ever heard so many different stories as I have regarding Due on Sale Clauses, changing title to an LLC or Land Trusts.  I can not believe how many people I have spoken to and how many artic...