Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...

In another thread (https://www.biggerpockets.com/forums/52/topics/707296-what-does-your-lease-say-about-modifications-to-the-property) I asked what your lease says about modifications.@Cassi Justiz responded "My lease...

Title says it all but I’m wondering how you all manage your properties with a business name? I think we would have trouble moving the property into an LLC.   We want to remain pretty anonymous- don’t want tenants know...

I have several 11 rentals with state farm …and each rental has its own insurance policy. I have been recently quoted an insurance policy from American Family that would include all rentals on 1 insurance policy. The c...

Hello - I tend to be wordy so I'm going to try to keep this as short as possible while also providing enough information to be able to get some valuable feedback. I currently own a 4-plex in Missouri. A friend and I a...

I recently purchased a 4BR rental property in a college town in the state of Georgia and took over an existing lease that ends in July of this year. The lease is a separate agreement for each tenant such that each has...

I own a partnership Llc and I want to buy a small apartment building with some of the profit. So as to keep my real estate protected and separate, I want to start a separate s Corp entity. How can I use the profits ge...

I ran across a seller today who is selling her condo, and she is presenting it as 2 units. I looked up the tax records and there is only one unit listed( one pin). I discussed this with her and she appeared confus...

When considering a rental property (I'm looking at duplex) that has oil heating, do you account for the price of tank refills separately, or just consider it as part of normal maintenance/CapEx?  If I move forward wit...

Hi everyone,
I’m a new investor in central Minnesota and I had a couple questions regarding the financials of a rental. Seeing as every CPA I tried to contact is busy with tax season, if anyone could answer even one ...