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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...