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BP Nation,I'm looking for some help on how to properly configure a Series LLC for asset protection with Land Trusts for anonymity. My understanding is that this is the best modern method for holding a portfolio of inv...
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I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?
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I have been reading and listening to local news here in San Diego. I am still a rookie looking to invest in my first deal this year. But while I was researching I found that 55 % of voters support the implementation o...
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Is Bethlehem PA worth investing in? I don't see a big job market or employment versus NJ. Is the population expected to grow or are people migrating from PA to a stronger financial district or another area to retire??
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Hi BP,
You know how they ask at the end of each podcast "What do you believe sets apart successful real estate investors from all those who give up, fail, or never get started?" --- well, I have been in the "never g...
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So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
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Hi BP!I acquired a rental property a few years back, that I rented to family while they were saving to buy a new house, so they have been my only tenants up to this point, for this property. They told me the neighbors...
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I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...
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We had a really bad guest this past weekend. We are still cleaning up the mess. The summary is this: The guest claimed to have a service animal to aid her medically. We told her that she is allowed under ADA and Airbn...
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Still trying to understand what we have to do to accommodate a service animal, but long story short, we have a tenant (the only person listed on the lease) that we have noticed the smell of dog and cat when our lease...