Hey yall can any one explain to me the taxation for LLCs. First, do folks use their home owners insurance as an alternative to LLCs? Which type of LLC entity is best for investors owning several rental properties. I k...
Ok, I'm a business novice and need input from those with experience in this area. Let's say that I have decided to put my rental properties into an LLC (or several llcs). Am I required to have all necessary cash reser...
Hello BP family! Some advice and experiences from you would be appreciated. I would like to know what are some good college degrees that go hand in hand with the real estate industry. I want to go to college and fortu...
I plan to flip a multifamily property I have under contract (have a buyer for it already). The plan is to do a dual closing. I'm looking to limit my tax exposure. I plan to purchase another property to hold in the nea...
My uncle owns a SFR in NC. He hired a PM to handle that property since April 2013. Recently, the tenant of that property lost his job and told PM that he will move out by end of this month since he can't pay his rent ...
I understand all the requirements/rules of Adverse Possession in Alabama, but I'm not entirely clear on the required length of time. I have inferred that there are two clocks. Ten years if the party with adverse pos...
If you want more affordable housing, attend city commission meetings and advocate for approving new developments. More units = more options :).Its supply and demand. Every time we build a new home, we add more supply ...
Adverse Possession does NOT require trespassing. This post is made primarily for informational purposes. I hope to alleviate some confusion. Our forums contain multiple posts from BP investors who are among the most ...
Sorry in advance if this sounds confusing...and it is, because I haven’t been able to find a lawyer to help me with this case.I was signed power of attorney and beneficiary deed over my great grandmother and her prope...