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Results (783)
Victoria Pham Best Business Entity for Real Estate Transactions
28 November 2021 | 5 replies

Hello BP!I am a newer investor and am hoping to protect my assets. What would be the best type of business entity (or company) to start if I'm planning to have long-term rentals, fix and flips and other real estate tr...

James Masotti LLC - Disregarded entity or requires own filing?
30 January 2017 | 11 replies

Brandon Hall, Amanda Han, @Jim Kennedy and any other real estate CPA's out there who would like to chime in.I had always done my taxes myself with TurboTax. Last year I decided to use an accountant who has a sizeable ...

Carol Venolia What's my responsibility in regard to mice in my rental house?
12 February 2016 | 15 replies

Hello,I have a tenant family in a freestanding house in a semi-rural area. She texted me last night to say that they'd caught 4 mice in the house recently and she doesn't want mice surprising them or their two young b...

Daniel Claroni What's that smell?!?
4 May 2019 | 17 replies

How easy is it to get rid of a bad stink in a house? What if it isn't as easy as replacing the carpets?A house I am thinking about buying has a bad stink that smells like cat urine. The previous owner disclosed that d...

Josh Adamo Buy, live in, fix up, and sell!!
9 October 2013 | 16 replies

Hey BP members,

Got a quick question, what are yalls thoughts on buying a house to fix up with little cosmetic repairs for a good price live in it while fixing it and then sell it?? What are the pros and con...

Joe Koppel Bookkeeper, or accountant or CPA...what do I need?
2 March 2017 | 13 replies

Hi I sold my house and have a sizable bit of cash and want to start buying residential rental property in Texas. I live in San Diego, CA. I am just small time and will just buy one at a time.My question is how do I ke...

Guevara M. Butchers Block Countertops
7 January 2020 | 19 replies

Anyone use Butchers Block Countertops in your Rentals? Looking for options for my kitchen renovation and the price of them seems good. Any pros and cons to them?

Gordon S. Filing EIN confusion.
17 October 2016 | 16 replies

Hey everyone, EIN filing time for my single member LLC. My attorney was so kind to include some documentation about filing for the EIN...but alas my simple mind cannot figure out this quote for some reason. Or maybe I...

Nick Salemme Long-term strategy for full-time employee (NYC area)
29 September 2017 | 6 replies

Curious on everyone's thoughts on the following strategy I am considering. Note that I work full-time in NYC and live nearby in NJ and want to do real estate on the side as a long-term play and ease into investing. I ...

Shawn Stiteler Tenant with no heat, can’t be fixed quickly
5 January 2022 | 19 replies

I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...