Assuming good credit and income could I get a mortgage on a rental by using a 401(k) loan as the 20% down payment? What about a private loan from a family member?
For those who have made individual LLCs for each of their rental properties, have you adopted or recommend a particular naming convention? Address/Street Number, LLC, etc.? I am curious. Thanks!Dave
In Pennsylvania, tenants who occupy a rental unit over 2 years are entitled to interest on the security deposit. My tenants signed a 1 year lease, then a 6 month extension (actually titled “lease renewal”), and then a...
Good Morning, I have someone who will be helping me get my journey started by gifting me 100k. I know they are responsible for tax forms on their end. What's the easiest way to receive the money? Is it as simple as...
It says that it's free so I am wondering what the catch is
Hi all... Wondering about how everyone is structured for tax purposes. Proprietorship? LLC? If I choose to create an LLC, should I do so right away or should I wait until a deal is imminent?
Hey Guys!How does one get the 20% off Home Depot Paint being a Bigger Pockets Pro Member? When I go to Tools/Pro Partners/Home Depot and click on "Activate Perks" it has me sign in to my Home Depot account. When I cli...
I've been reading BP forum posts since February. I don't read very fast and I find it even harder to store information, so the repetition of information is extremely helpful to me. My wife owns a property here. Not...
I use a property management company and they receive rent at the beginning of the month but don't disburse it to me until a few weeks later.For my bookkeeping would I want to record the rental income when I actually r...
What other accounting programs can I use instead of QB online?