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Results (158)
Shaun R. Why is it so hard to think of a business name?
23 August 2017 | 15 replies

I talked to a portfolio lender today that seems to have good terms, but said that they prefer to make the loan to an LLC. The only reason my partner and I haven't formed the LLC is because we can't think of a business...

Harshal Gaikwad Changing Name in Lease from Trust to Rental LLC
31 July 2024 | 7 replies

Hello Community:I have currently rented a property to a tenant and signed the rental agreement in the name of Trust. The Trust is the on the Grant Deed (Title) as well.We have recently created a rental LLC and I am in...

Barry Je What kind of relationship do you have with your RE lawyer?
18 December 2017 | 13 replies

I'm having a hard time finding the right RE lawyer that is well-vetted and that I trust.  Here in Seattle, the well-vetted ones are super busy and aren't responding to my calls/emails.  The ones that I find on a simpl...

Tom Wallace Turning personal residence into rental property...
17 April 2017 | 31 replies

Hi all. Want first to say how much I appreciate Bigger Pockets and the wonderful advice I have received here..

I own 3 rental properties at this point. My wife and I have lived in our personal residence for the pas...

Stan Furman Tenant despises owner after late payment eviction
24 October 2017 | 9 replies

Repeated texts to this tenant re: late rent got exceedingly frustrating. Tenant was warned of consequences and he texted "see you in court". He WILL lose.
But, now he's got a job and is paid up. Won't ...

Ken Cyr Debating purchase of 6 cottages on 1 property
4 April 2019 | 9 replies

Hello, my name is Ken Cyr, and after months of listening to podcasts, and a webinar, I decided to join the community to help pave my path! A little about me; I am a licensed plumber, and just launched my own company 6...

Benjamin Cowles Non-exclusive option contract to gain equitable interest?
4 March 2017 | 10 replies

Would it be a good strategy to propose a non-exclusive option contract just to get equitable interest in order to legally attempt to sell a property while not tying up the seller? Its seems like a no-brainer to me but...

Bob Jones Need help figuring out how my business partner will be taxed.
11 February 2019 | 9 replies

Hi,I have a business partner who has provided money to my LLC, which I will use to invest in real estate. The agreement is that I will do the work and give them a percentage of the profits. I'm trying to figure out ho...

John Wolf Minimizing Taxes using Equity in Rental Property
25 August 2019 | 12 replies

I am retired with a several rentals and looking to minimize taxes. I was reading a tax saving idea regarding using the equity in a real estate rental instead of withdrawing Retirement Savings. From what I understood, ...

Kyler J Sloan Passive Losses for STR's
16 October 2022 | 21 replies

Is there any way that STR rental income can be considered "active" from a tax standpoint?  I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time investe...