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Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
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Hi All,
I listened to one of the more recent podcasts that talked about subject to deals.
Does anyone have experiences with the tax consequences here? I would imagine that the mortgage company will sen...
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I have a seller that needs to keep his home from going into foreclosure. It's to be auctioned off tomorrow.It's a 3 bed/2 bath 1340 sq ft ranch style home.He says the he currently owes about 29k to the mortgage compan...
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Hello BiggerPockets community, I am in a bit of a predicament at the moment. I have a property purchased about 2 years ago in Killeen, TX that is a huge headache to manage due to the area, tenants and the fact that I ...
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I incude in my lease agreements a provision disclosing I don’t carry renters insurance and advising tenant to obtain a policy.
I’d like to start requiring renter’s insurance as part of the lease agreement. Can I leg...
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Asking for opinions as I'm a new investor and have only a couple of deals under my belt, looking to buy and hold. Property is a 2bed/2bath with foundation issue (needs R&R) quoted at $60k - 4ft extension was built...
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So I am currently working to close on my first Duplex and called for property insurance. The insurance company recommended that the renters get renters insurance, and that it should be on the lease. I'm not sure if th...
Hi all,I have recently purchased a SFH in Leander (closing in a couple of weeks), and another in Liberty Hill (closing in the summer). Both areas are a fair trek north of the usual zone/scope of Property Managers work...
Hi everyone,Right now I am about to finish my last semester of college with a degree in music. I'm fortunate to have no student loans, and I am going to be okay financially for my basic needs until my career takes off...
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Hello I'm on active duty orders for the military in Japan. The only problem being stationed there is because of my status I can't buy and own property as military personnel. But I wanted to buy property in the states ...