Hello BP,I am house hacking a single family and living in the basement. I hired a PM for the top unit, and they are requesting my social to report my rent income so it can be taxed. Since I am house hacking and this i...

Hi all. A Florida property that's zoned mixed use residential/commercial has two units, one unit is an apartment/residence, the other unit is rented to a business. County appraiser office says the apartment can be hom...

Hello, I have four properties and 10 units.  All were purchased in my name.  My accountant advised me to set up an LLC for them, so I did.  I contacted my lenders to see if it would cause the due on sale clause to be ...

Hey all, im new heresuch an awesome forum thanks to allso i want to start my new business and researched so much but as i dont know anything in this field i wanted to get help and others opinion on it, so here are cou...

I’m getting ready to purchase my first investment property, and I plan to purchase more.I am a realtor and already have an S-Corp set up for my salesperson business commissions.Should I purchase my first home in my na...

Hi all,

Firstly, I would like to ask if anyone has a good real estate attorney reference in California?

Second, can someone help me understand costs around forming an LLC out of state while I live in California. I k...

I own (2) 4 families, (3) 2 families, (1) 2 bedroom short-term condotel rental and (1) single family (main residence)What is the optimum way to protect my assets? Should I establish a trust? Keep each property as an i...

I am purchasing my first property as a buy and hold in St Louis, Missouri.  I live in California.  I think that transferring the property to an LLC is a very good option for asset protection, especially since I own a ...

Hello All,

We currently own 1 single family rental, and are about to turn our current residence into a rental as well. We have a $1 million liability umbrella. At this point would you recommend putting the rentals...

Hello,I had a question regarding a judgment lien against a homestead property. From my understanding based on Florida statue 222.01(2) article 10, Section 4, creditors cannot have a lien against your primary residence...