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I am in the process of buying the first property cash. For obvious reasons it makes sense to hold it under an LLC, But will that make it complicated if I go to cash out refinance it? TIA
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Hello everyone! Please advise further on what type of floor is best for a rental investment in the Miami area, something not so pricey yet durable. Thanks.
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We purchased a house last week that we intend to rehab and then rent. However, if someone wants to buy it before we get it rented, we are not averse to making a quick chunk of cash. So what are the tax consequences...
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I'm considering Hawaii in particular but was wondering in the broad market as well, does the 50% rule hold true for vacation rentals? I know the expenses are different given the nature of the revolving door that vacat...
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Hi BP it's been a while since posted anything. I'm in the Market to do a 1031 Exchange in Massachusetts if I sell. Quick Question will I be able to-do a 1031 before or after the sale of the Property. Since I'm selling...
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I am planning on purchasing my first rental property within the next 6-8 months. Right now I am leaning on purchasing in my name without going the LLC route at this time. My question is... since I will incur expenses ...
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Hi there. I'm in the process of rehabbing a couple houses to then refinance and rent out. I want to get a good appraisal value , but the current ac and furnace older, but working wonderfully.I was wondering if it's wo...
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In the world Guru real estate professionals, there has always been a trend that's both baffling and amusing: overcomplicating business structures. Let's dive into the absurdity of setting up an LLC with a separate Wyo...
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I spoke with my aunt yesterday and she mentioned how she is all for the Biweekly Mortgage Payments because it really helped her save money. By paying the mortgage more frequently, she cut down the total interest owed...
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Hello bigger pockets family,I have a question about hard Lenders and financing with them. Generally hard Lenders have higher interest rates and would typically have me think twice about using them. But with the market...