I am in the process of setting up an LLC (with 1 partner) for rental investment properties. However i'm unsure of which tax classification will be best suited for my needs. Pass through partnership Or S corp.
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I am trying to understand the A B C D classifications. I have some properties and have personal criteria for choosing areas but because I have always bought local in good areas I am not sure how people break this dow...
Hello,It there a site that allows you to filter through A, B, C or D rankings based on the areas/cities/neighborhood your searching? Niche is one I've been using so far. Thank you!Armand
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Hi guys, I’m new here and I hope so much you'll be able to help me.
I got a rental house recently (paid $180K) and hired a property manager, let’s name her K., to manage it. K. runs a small property management compan...
I am a big Dave Ramsey fan, and I have been for years. I am debt free, except for my house and intent to stay that way. Well, at least I intended to stay that way. I recently read Rich Dad, Poor Dad. Robert Kiyosaki's...
I believe this will the be the final and definitive word regarding Oceanpointe Investments LLC, Bert Whalen and by association, their closely allied business partner, Morris Invest. The Indiana Attorney General has c...
Hello bp subscribers. My wife and I are brand new to the real estate investing world, and are looking @ all of our options for financing out first property, and one of them is possibly taking from my employee based 40...
Airbnb has announced a two-year pilot program in Oregon that eliminates guest names and photos from host screening as a way to see if it combats illegal anti-black discrimination. Airbnb to limit use of travelers' na...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...