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Results (10000)
Scott Kim Help!-Want to learn about Self-Directed IRAs
13 February 2017 | 3 replies

Hi BP-I am really interested in learning more about Self-Directed IRAs. From what I gather, this is a tax savings account (like a 401k), but the advantage of having this IRA is you can purchase a property with it. My ...

Chris Drury Putting rentals in LLC
17 April 2013 | 4 replies

Hi BP team
I am looking at purchasing 4 properties in the next 30 days but would like to put them in an LLC with my investment partner. Primarily to protect my other assets but also so we can claim expenses for taxes...

Corbin Loveless Long Term Rentals- How much insurance do you need?
26 June 2020 | 4 replies

My current understanding is you- need dwelling coverage to rebuild the house and loss of rents if something were to happen. I'm not sure how much more I need, and I don't want to pay a high premium if it's not necessa...

Ashish G. Short Term Rental Income Schedule E and AB150 SALT taxes
16 November 2021 | 3 replies

HiI have W2 income and short term rental income reported on Schedule E. I file jointly with my wife. Has anyone figured out a way to leverage AB150 SALT tax workaround in this situation to pay California taxes? May be...

Jim Breedlove LLC Named as "Additional Insured" on insurance polity
19 August 2019 | 4 replies

During 2015, I set up a Texas Series LLC to hold my 8 single family home rental properties. My attorney filed deeds to transfer the properties out of my name - into the name of the individual series within my LLC. Rat...

Joe Lewis Has anyone partnered with others this way
9 September 2017 | 6 replies

Anyone had any success with a partnership in which person "A" buys a piece of property for potential rental and person "B" pays for renovations. Person A and B would form an agreement in which Person B would get bac...

Paul Sandhu Do your STR tenants bring their own beds?
15 February 2022 | 6 replies

I've got 4 guys in a 3BR house with 4 beds.  I went there this evening to collect rent.  There was a 5th bed in the living room and a 5th guy was sitting on it.  I don't know where the bed came from.  It wasn't in the...

John Smithy Mortgage interest tax
11 August 2017 | 3 replies

Hello, We live in silicon valley where home prices have soared like crazy !!We recently closed our new home with an outstanding loan amount of $1.4MOur current home has an outstanding loan of $450K. We plan to rent it...

Brian LaPorte Refi options for BRRRR?
6 December 2018 | 7 replies

Interested in hearing your preferred method of refi when completing a BRRRR.  Trying to plan ahead, by April we'll be refi'ing 4+ properties, each with varying levels of rehab - three duplexes and one 4-unit.I know we...

Matt Nico Best business credit cards!!!
25 March 2021 | 9 replies

Hey BP,Can anyone recommend a few good credit card options for a business? Im looking for a business card with decent rewards and a good 0% introductory period. I have had a Bank Of America credit card for well over a...