Duc Ta
How to structured your entity
Hi,Have a stupid question. For example, you have 4 properties. Now you want to do BRRRR with 2 properties with a refinancing cash out. Now my question (sorry if i’m noob). How to structure or create an entity that you...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Gilles D.
Liability issue and optimal tax structure
Hello everyone,I am an overseas investor and own 3 SFH in America.Currently, they are owned in my personal name.I know putting the properties in an LLC, even if it's solely used as a pass through entity, provides me w...
Ryan Williams
Getting into RE Investing and BRRRR
Good morning BP Family. I've recently begun my journey in RE investing and am building and doing an audit of my core four sooner than later. I found an RE agent in my desired location who was recommended to me by seve...
Joe Strickley
Hold Harmless Clause
A property manager I want to use has a hold harmless clause in their management agreement. My understanding is this could potentially make me liable for their negligence. I have asked them to remove it but they won't....
Jay Hinrichs
This week success story and benefits of a true PML or capital partner
Kansas city flip Long time client of mine over 100 deals I have funded for himfor my investor in this deal its deal number 70 for them. And return to investor apr was 23.3 % I made the rest. this deal start to fini...
Mary Jay
How to calculate state taxes on a rental in California
Hi Guys,
If we received 36 k as a rent on a house located in California . Mortgage was 24k. The repairs were minor, so it’s negligible. How much would our state taxes be? (My husband keeps waiting for the bill from...
John Nail
Creating a LLC, renting to myself
If I buy a duplex and live in one side, can I create an LLC to control and protect both sides?
Basically I want both rent payments to go to the LLC to pay off the mortgage faster. I figure if I have to rent an apart...
Michaelina Stathakos
Tenant's personal item was broken during repairs
While having flooring repairs done from under the house an antique Christmas garland with glass ornaments fell off the wall and broke. Is it my responsibility as landlord to replace this priceless item? If so what val...
Peter Lee
Garage Door Repair Responsibility
Hi all - I am interested in hearing your opinion on a garage issue I've been dealing with the past few of weeks.My garage fell off the tracks and the middle hinge had ripped off during a routine open and close. Nothin...