So, I'm working a short sale and just received counter offers from both the banks (1st and 2nd) so I have a max amount I will be paying for the property and now the owner tells me his dad wants to buy it from me all c...
Hello BP,I’m just learning about 100% bonus depreciation and how Trump pays no taxes… who qualifies for that? Does the property need to have an LLC in place? Does it matter that I purchased with an FHA loan? Do you ha...
Biggerpockets fam,I want to create a series LLC to buy property in Reno NV. My intent is to buy one property in NV and more in a different state.However, I'm curious if it would be better to just create a regular LLC ...
Hello, We recently bought 2 buildings side by side that have 95% hispanic tenants. The majority of them speak none to very little English. We didn't expect this to be an issue as there is a long time on-site manager ...
My brother and I are embarking upon a RE business, initially fix n flips to grow the cash base, with the view to buy and hold down the line.He is based in the UK and will be supplying the capital(his) to finance the p...
Hello! I am thinking about switching from Avail to TenantCloud for my one property in Indiana, and I 'd like to know what others think of it. Can you get good phone support when you need it? Is it worth the $15/month ...
Hi,
My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pen...
This is slightly complicated so please bear with me.Background: I bought an investment house in October 2019, put the electricity bill in my name for the month as I painted and did some minor touch ups. In November t...
I’m wondering if I’m allowed to purchase a commercial warehouse with my LLC, rent it to my other LLC for $XX/month to increase my NOI and increasing the property value, and then doing a refi on the property to buy ano...
Hi all, would there be an issue with respect to taxes with paying for a furnace replacement in a rental unit using a personal credit card and then paying the debt using a business checking account where I receive the ...