Chase Gochnauer
Hiring a W-2 to help with "asset management"
Hello all,Over the last few years I've acquired 168 residential units. This is a combination of small SFH/duplex as well as some larger complexes. I also have a 14k SF commercial property I've acquired. Lastly, I'm do...
David Disraeli
Privacy, Real Estate an LLC's
With a few mouse clicks anyone can find out where you live, what you own, your cell phone number, your relatives’ names, and more. A simple search of your local appraisal office will reveal what you own. The good ne...
Michele B Cagle
Stumbled into a mess ....
Here is the story, ..... We currently have 5 rental properties with a contract on a vacation rental at the beach. We started out getting rental properties when our oldest son was about to attend college. With eleven...
Andrew Ratterman
San Diego Short Term Rental Arbitrage
Hi I am looking to start a new business in San Diego doing Airbnb rental arbitrage. Is anybody in San Diego doing it? I am looking to set up an LLC and get started right away. Is there special laws I need to be aware ...
Zehua Zhou
Will my single member LLC veil be pierced if I am the borrower
I currently have a few single houses for rent which are directly under my name, and also the mortgages are under my name.
I am considering to move the houses to an LLC 100% owned by me. But I don't think the borrower...
Lawrence Porter
Bonus depreciation has been reduced to 80%
Yes, there has been a change in the tax law regarding the bonus depreciation percentage.Previously, the bonus depreciation percentage was 100%, allowing businesses to deduct 100% of the cost of qualified assets placed...
Vijay G.
1st time Hotel investing any advice
I m planning to bid on REO hotel online. 70 room hotel starting bid $1M (May bid up to 3M) It is generating 1.8M in revenue. Before covid it was generating 1.4M. NOI is 353k. I have 200k in capital but need more for ...
Daniel Newman
Best asset class to optimize for depreciation?
Hello everyone,I run a wholesaling business that is doing well, and I think it's a good idea to buy property before the end of 2023 so I can offset some of my income with depreciation. I'm aware that you can only depr...
Donell Cummings
Equity
When looking at a house to rehab, how do you find the the EQUITY in the house?
Chris Mackey
Taking on partner(s) and limiting our liabilites
Hi BP members,I will be taking on a partner in an upcoming deal and am looking for advice on how to structure the partnership where we are protected from each other.Our concerns are that we both have things we are inv...