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 ...
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...
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...
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?
Can anyone point me to some good books, websites, or software programs that can help me learn more about basic Real Estate Accounting?
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 zoneâ€. But these posts and books never quantify what the diffe...
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 ...
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...
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...
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...