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Hello again bigger pockets community! I’d like to start by saying I am grateful for all of you’re responses. This process is driving me crazy in a good way and I know that when I am stuck I can always come to these fo...
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Hey Chicago Investors, I am a new investor in Chicago, looking to buy a multi-family investment. I plan to live in one unit, and rent out the other. As I am only 23, my price point is pretty low. I have found some gre...
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I'm six rental properties into my investment portfolio and have HELOCs on two of those properties as well as my primary home. However I haven't used them yet other than briefly on a flip two years ago. I'm embarrasse...
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Dear all!Hope your tax season going well.I am using TurboTax Self-Employed online to file my day job's W-2 and rental business taxes. I manage my properties through single member LLC.When I am at the Schedule C the lo...
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So I was thinking about setting up a LLC for the next rental property I buy, to add some separation between my rental and my personal assets. However, I was speaking with an attorney and he said that a simple single m...
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My wholesale Mortgage Broker just informed me about more lenders are bringing back "Covid Letters" which pertain to having the employer essentially Gurantee that the Cornavirus will not have an affect on the persons e...
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Aw, tis the season for Taxes, eh? With that comes a few mini debacles early in the year, hopefully someone can offer some insight into my current one.Early December 2018 I formed an LLC in the state of Nevada due to t...
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I am considering purchasing a townhouse to rent out out in Baltimore, Maryland that has painted brick on the outside. Since lead is a problem in older townhouses in Baltimore, I would either have to paint over the 2 s...
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So I'm using private money to buy some of my rentals. The loan is currently in MY name,... should I have them add my LLC to the loan contract so my LLC shows the debt to discourage legal action against my LLC? Thank ...
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Hey, my name is Draven. I am currently attending college studying accounting and entrepreneurship. I have been interested in real estate for some time. I was hoping to start doing wholesale deals to get some capital a...