Jeremy Moore
Problems with the city and classification of house
Hey all,We are currently dealing with the City of Phoenix about the classification of a property that we purchased as a single family home with an attached casita. The City is insisting that it is a multi-family dwell...
Rian Ash
Section 8- Property Classification and Comaprables- Contra Costa
Hi BP Community,I have few rentals and they are primarily rented to Section 8 tenants and so far my experience with them has been fine. I recently bought a single family home in Brentwood, CA (Contra Costa County). Af...
Brent Pearman
Tax Classification and New LLC in Downstate Illinois
Good Morning,I am currently setting up an LLC as the designated manager (COO). The other members and I have a significant amount of personal assets we want to protect, hence the LLC. The main focus of the business i...
Matt Ward
Atlanta Property Class Classification Guide and Rent Numbers
hi guys, getting into atlanta market for some mf properties, 2-24 units and put together a spreadsheet trying to categorize atlanta neighborhoods and regions for myself and investors.would love your thoughts on the gr...
Scott Causey
Neighborhood Classifications in East Bay & Alameda County?
Hi Everyone! First-time discussion board poster and couldn't be more excited/nervous of starting out in real estate investing. My (soon to be) wife and I are looking to buy a 2/3br condo in Oakland to serve as our fir...
Anthony Dray
Vacation Rental Owners and Tax Classification of STR's
I've owned a vacation rental for about a year and a half now and it has been operating full time as a vacation rental but I want to maintain a steady income stream by renting it out for medium terms stays (3-4 months ...
Christina Gomez
Brand new LLC what tax classification do I choose?
Hello my name is Christina Gomez, I just bought a home on the Big Island of Hawaii. I am starting a vacation Rental where I will be living full time. I have already applied for my LLC and in the process of getting me ...
Jim Mitchell
Unbuildable Lot- Bog/Wetlands Classification- Can it be changed?
Good Morning, I am currently looking at half acre lot on Cape Cod in Massachusetts. The current classification has it as unbuildable due to wet lands classification. When I check the GIS maps there is no other lot nea...
Darren Elliott
Is a Mortgage Re-Classification Recommended before Next Purchase?
I bought a condo in 2018 as a Primary Residence, then a few months later I got a new job a few hours away, and so I rented out the condo and lived at my parent's house. Now I'm looking to buy a multi-family property n...
Jeremy Janszen
Short term rentals and non-passive income tax classification
Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback. I understand I should consult my CPA, and I will. They are, however...