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Hi all, new to posting, but have been reading BP for a while now. We are looking at a property that is an estate sale, the children are selling the home, and it was built in 1952 and looks like it has not been touched...
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We just completed the remodel on a house in Sunriver, OR. The majority of the houses there are used as Short Term Rentals, though there are some full timers that live there. My son and I did this remodel. He's a licen...
Hi BP members!My husband and I just established our LLC. While filing out the necessary forms and paperwork I've been stumped on a particular item in our minutes regarding Capitol Contributions of the members. Was any...
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First I want to thank everybody on this board for all the knowledge shared every day, as it has been a big help thus far. I spend more time lurking on BP than contributing, which is something I plan to change.
I sor...
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Hello folks - long time lurker, finally decided to actually create an account and introduce myself.Long story short, I've decided that I'm going to buy some investment properties. I've spent way too much time in the '...
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I'm trying to round up all the different types of fees a landlord could charge their residents. This isn't my favorite income idea but there is no doubt collecting fees is a way to prevent more costly mistakes. What's...
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This is regarding a small, 4,000 sq. ft. office building in the MD suburbs of DC. The building will get rents for $18/sq ft. The rentable space is 3,200 sq. ft. So 57,600 not including vacancy allowance. The build...
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Hi all 1031 exchange experts or CPAs.... I sold my property in November of 2020 and closed on my replacement property in March of 2021. What (if any) are my S-Corp filing requirements for the 2020 tax year- do I need ...
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Hello BP I am young and inexperienced looking for advise on my real estate strategy. So to begin I will have about 20,000$ for my first purchase into real estate on FHA (3%-3.5% down) in a house hack. I am held back f...
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Hi everyone,
I had my first eviction case experience and it was quickly dismissed in favor of the tenant. My property manager did everything by the book. The tenant was on a month-to-month lease and we gave her more...