Mary-Grace Harley
LLC formation after property ownership
Hello!My husband and I are in the process of launching our first STR in Savannah, GA. I have a couple initial LLC and tax related questions.1) The house was our primary residence, and was bought under my husband's nam...
Jim Murphy
questions for home flippers!
What kind of volume can I honestly expect to do over a one year period? I have been looking at areas in or near Albany NY and at properties that cost $35,000-40,000 but have arv of about $95000-110000 .Based on your ...
Michael Klinger
"Point A to Point B" with many moving parts
After 12 years I am winding down my business and relocating from Los Angeles to Massachusetts, for a life overhaul. I have an owner/user office building that is going on the market now. I have always had 1 and some...
Jered Noland
Need to know if getting a realtor license would help ?
My wife and I are about to dive into becoming real estate investors. We’ve been remodeling our current home in hopes to sell for a profit. With that money we want to start investing . We are new to BiggerPockets and w...
Ryan Carmichael
Vacation Home Loan- Rules
Hi everyone!I was curious on the certain rules and amounts of vacation home loans you can have in your name? Does it depend on the different markets you invest in? Is there a certain limit? Thanks!
Corbett Brasington
Flipping: Insurances needed and recommended?
So when you buy a home you have to have homeowners insurance normally. If its in a flood zone you also have to have flood insurance. When flipping or in any business you want general liability, but are there any othe...
Bill Briscoe
Meals Tax deductions at 50% or 100%
Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?
I had always used the 50% deduction in other businesses, but ac...
Dustin Ruhl
What do you think about Amazon in Real Estate?
Amazon has a new partnership with a company that is called Realogy. The gist of it is that you’ll basically be able to buy a home off of amazon with an agent from Realogy. Both amazon and Realogy work with another com...
Bernie Tobin
Series LLC - Michigan
My business partner and I are structuring our new business here in Michigan. I've listened to the podcast on limiting liability, which was awesome, but I have a couple questions.Is it possible to set up a series LLC ...
Rhett Dantzler
Benefits of a real estate license
What are some of the benefits of getting a real estate license? Ive have done some research and understand that I would be able to see the mls as soon as they come out. Is this the only benefit to getting it?