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Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...
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Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
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Thanks in advance to anyone who is reading this. This is my first post but I am excited about this community and I hope to learn a lot from it.
I started a Texas LLC in 2013 and I want to eventually buy multi...
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Hello BP Community. I have a real doozy going on here. I just moved in a few weeks ago a new section 8 tenant into a duplex with the other side occupied by another section 8 tenant. I am getting great rent per side. A...
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I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...
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When does everyone think the market will start dropping and for how long? I work in the San Diego Market, and we haven't seen any sales comps yet to support depreciating prices. I believe that since interest rates are...
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To preface: I am making this post for many reasons, one of them being that I want to have a landmark post to look back on in the future. The other reasons are to get out my plan and largely to receive support and crit...
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Hello,I am going to be purchasing my first rental property shortly and am very excited to get started but want to set everything up correctly right from the start. I have a few properties in my sights. There is some...
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A recently trending thread started by @Brandon Turner discussed accepting section 8 from an existing tenant but having to accept a reduced rate as a consequence. One of the comments made by Jonathan Cope recommended ...