Wendy Stapleton
Insurance company covering rent
Has anyone had a tenant whose rent is being paid by an insurance company? I currently have a tenant that was placed in a property for 6 months when I had a management company. I am now managing the property myself and...
Rob Beeman
This might help when rehabbing
Not exactly sure that this is allowed on BP, but I wanted to make people aware of the blog post I created about Making Your Rehabs Idiot Proof. I have done what seems like too many rehabs and learned a ton (made a ton...
Account Closed
Name for Marketing Book
A couple of questions for all of you.
1) If you wrote a marketing book for real estate investing what would you name it?
2) What would you write about?
Thanks
Michael
Nate Meeker
Is your STR depreciated over 27.5 years or 39? Check your CPA!
I see this mistake on so many new client's previous returns...Are Short Term Rentals depreciated over 27.5 years or 39 years?Residential homes are depreciated over 27.5 years.
Short-term rentals are considered nonres...
Eric Azua
Purchase a second home?
I have one home now that I live in. I would like to buy a second home? I don’t want to get an investment property loan for the second home. I have been informed that if I use a traditional home loan for the second hom...
John N.
Looking For Multifamily Non Owner Occupied Down Payment Info
I just sold one of my rentals and want to take that equity and roll it into another investment in the near future. My options are wide open but right now I am looking at Multi's. I live south of Boston and it can ge...
Jesse Smith
Title Issues on Purchase - Advice Needed
I'm in the process of trying to purchase an off-market deal in my neighborhood. I already own one of these, and it's a tremendous cash flow property. During the title search, the following issue came up:Property is ...
Joshua Davidson
Payroll question in regard to Disregarded Entity owned by S-Corp Holdco
I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...
Bill Polynice
NY & NJ Licensed Real Estate Agent, Investor & Business Owner
Hope all is well with you and yours, especially during this holiday season and beyond! Though I am not completely new to BiggerPockets forum, I never took the opportunity to make a New Member Introduction. As the titl...
JT Stanford
First Homebuyer - Multi-unit House hacking in Chicago - Little to no money down
I am a first time homebuyer looking to house hack in Chicago and I have an almost 800 credit score, but I don't really have much saved up beyond my emergency fund for a down payment. I have a stable job that pays fair...