Mel Locke
Any Agents Incorporated or became a LLC?
Error and Omissions insurance only covers so much and a quick google search has shown a variety of reasons why it might be a good reason including potentially lower taxes (I am going to need to research that more). ...
Manuel A.
Should I Use The Listing Agent Or My Personal Agent?
Simple question...
This whole time I've been using my personal agent to look at properties and put in offers, but I feel using the listing agent to look at properties and put in offers would be better, and ju...
Delin W.
single member LLC -- in husband's or wife's name?
Just thought I'd run this by everyone:
Husband has a day-job and wife manages the rental properties but does not draw a W2.
In setting up the LLCs, are there any pros/cons to setting things up in one name or the ot...
Landon Elscott
Accounting Question - Question For Accountants - Property Tax Prorations Home Purchase
Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
Brian Adams
Investing the security deposit.
Hello BPers. This is my first post. I have been looking tirelessly for good forums with some real life lessons on landlording/property management straight from the trenches, and this has been the best site I've foun...
Matthew Dunn
Smoking Tenant & Security Deposit?
Dear Fellow BP Community, I'm a new landlord and recently served one of my inherited tenants a 30 day vacate notice as I'm doing substantial improvements to the apartment. She just left the property on Sunday and I di...
Account Closed
Land trust
I am going to get a rental property here shortly. I have not began investing in real estate to this point. What would make the most sense in terms of maximum protection for myself. I plan on building up to multiple re...
Marcin Czaicki
Need direction: Tenant breaking the lease - bed bugs
Hello everyone. I would like to seek your opinion on my recent development with one of my tenants. They signed a lease in November for 12 months. In early January they advised that they have bed bugs which supposedly ...
Jeff S.
How many flips per year, after holding a year, and keep cap gain rate?
How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
Linda S.
Traditional IRA or mutual/index funds first?
Let's say one has savings in both their traditional IRA and mutual/index funds. Which one should they tap into first to fund their investment properties?