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Hi! We are considering purchasing a duplex (in Calif). Pest report indicates presence of termites & need for fumigation. Property needs to be vacated for 3 days & 2 nights. One unit has a tenant. What happens ...
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I've been a broker for 7 years. I recently moved to a new market where rents are relatively high against low purchase prices. I am tempted to set up an LLC and offer investment opportunities to my clients back in Mass...
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Here is the link.https://markjkohler.com/how-a-short-term-vacation-...My CPA had said to use schedule E for my STR on Homeaway. Then I saw a discussion on why you should use schedule C.This attorney explains why you s...
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I live in the DC area and am a landlord, but went to LA to see if there were good property deals. I didn't find any good ones, but because of the trip, I've decided to buy something near the DC area. Can I write-off t...
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I am 37 years old married with 2 young kids. I have been studying the forums and reading books for a year now. Does anyone have some advice on the best entry path. I would like to do sfh or small multi family. My prim...
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Hi!So currently I'm learning and reading about real estate. My plan is to start small ( 5+ unit ) and get experience and snowball forward.So i was just thinking that it would be a good thing to have my business set up...
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Good morning BiggerPockets!My name is Matt Atkins and I am super new to BiggerPockets community and real estate investing as a whole. I live in Littleton, just south of Denver. I have been a small business owner here ...
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Hello BP Community! I'm seeking advice on the best way to pay off or pay down my HELOC. I have 2 properties that were previous house hacks and have decent cash flow on their own. In 2023 my wife and I took out a HELOC...
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This is my 3rd party and I'm so excited! I did the math I should be cash flowing 8k a year after all expenses, I believe it is a great deal in my opinion. I have a plan to implement over these next 5 years to by the t...
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We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...