Todd Michael
Reporting 1090-INT income on 1040 for single member LLC
In 2014 I created a single member LLC for the sole purpose of using to invest in crowdfunding opportunities. Since its a single member LLC and for tax purposes is classified as a sole proprietorship LLC, all revenue...
Ken Cooper
Tenant Screening question
Our tenant wants to move her boyfriend in. His screening came back with only previous addresses. There is nothing bad on the report, but it is lacking any type of employment history. Also his credit score comes back...
Paul Hogan
House Hacking - question about taxes
Hi all,I’m looking at purchasing a 2-family house—living in the primary unit and renting out the other unit. The percentage split is roughly 67/33% with the owner’s unit being the larger of the two. The rent will only...
Damon Wong
Optimize LLC Structure with Single Family Rental Portfolio
Anyone have a good consulting reference/source for optimizing business (LLC) structure for real estate rental portfolio? I have a mess of properties in multiple states (NV, AZ, TN, FL, and MO) with some of the joint ...
Derek Morrison
Arizona Landlords Disclosure
Landlords in AZ: is it true that you're legally required to disclose your address to tenants, as well as the address of property managers?
Gloria Kotani
Rental Properties Investor Newbie
I am an investment newbie and I partnered with a relative (LLC) on Rental Properties who only pays the interest of the loan then use the BRRRR method. We purchase properties where I give 30% - 50% of the purchase pri...
Brian Dickerson
Proper way to structure business for rental properties
Hi all,I know the *real* answer to this question is ask an accountant. But I dont have an awesome real estate savvy accountant yet and sometimes the best advice is from people who are experienced in doing it.We are i...
John McAllister
Can I use a LLC to remodel my home that I bought and use expense
I am in the process of starting construction management & consulting business.At the same time, I am buying a personal home that I will rehab and live in. Can I remodel the home I am buying through my LLC? Legally...
Sean Salazar
Property in personal name but rental agreement via LLC?
I have a property with an accessory apartment (I live in the main house) and 2 investment homes that I want to rent out... the properties are in my personal name but I want to make the rental agreement with three sepe...
Byron Grim
Just got my Real Estate License... what's next?
Hello BP World,I got my Real Estate license for my own investment purposes. My goal is to purchase of duplex, triplex, or quad. I see places on the MLS. However, I know there are more strategic ways for me to hunt for...