Josh Sohar
LLC/LLP formation with another investor
Hello,
Please excuse my ignorance in this matter. Trying to figure out the best way to set everything up.
This is the situation:
My long time friend and now business partner has the financial means to finance our rea...
Brian G.
Does a widow owe money from a sale to pay debt owed by spouse?
If a person is on title jointly with a spouse and their spouse dies, can the surviving spouse keep half of the equity after the property is sold if the deceased spouse owes more money than the equity remaining after a...
Cheryl Burd
LLC vs Living Trust
Hello BP Community, can anyone provide insight on the practicality of using a living trust to hold rental properties vs an LLC for asset protection? Thanks, Cheryl Burd
John Williams
Health Insurance for Real Estate Investors
Hi, I currently own/manage 2 properties in California and plan to acquire 2 more in the next few years. Once everything is up and running, I’d like to take a few years off from the traditional 9-5 grind.Are there any ...
Greg Raymer
A Step-By-Step Plan To Build A Portfolio Of Cash-Flowing Deals
Building a portfolio of cash-flowing real estate deals requires careful planning and a strategic approach. Here is a step-by-step plan to get started:
Define your investment goals: Determine what you want to achieve ...
Edward Rife
Investor friendly realtor
Anybody know of a investor friendly realtor in southern illinois
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AJ D.
Accounting for business vehicle
My Rental PIS date will be August 1, 2024. I currently just have a 2-door honda that I will use for business travel/managing the rental. Ideally, I'd like to buy a more practical car for managing my rental (something ...
Dustin Harmeyer
Tax advice and/or help
Hello. Bought first rental property this year. Using as LTR in central Ohio. Any advice and tips for helping maximize tax benefits of rental property? Appreciate any advice. Thanks in advance.
Han Park
Short Term Loophole Tax Strategy length of time requirement
How long do you have to use your property as an STR before you can use the depreciation for the property against your nonpassive income?Can I buy a property on Dec 15, STR it for the last 16 days of the year, material...
Michael Vilasi
Sending 1099 without formal registered business
Quick question and help needed from the tax pros/gurus in the audience. Thank you in advance. I have two long term rentals. I am not set up as an LLC. In 2023 I paid one contractor slightly more than $600 for HVAC w...