First time poster, hopefully this is the right place to ask this sort of general question.I have been looking at buying a home and house hacking for a little over a year. Been saving for a down payment and watching th...
How do I go about putting a rental on an LLC, if I'm still paying on the mortgage?
1) Buy Supplies in Advance (to increase expenses and offset income)
How much disposable equipment do you expect to use in 2021? Order it now so the cost is deductible in 2020 if you need to offset income. Buy what yo...
Hey allGetting really close to finally saving up for a down payment. Currently have 15k dedicated to that. Im still unsure whether I want to go the FHA route or conventional. If I go conventional, I will need a little...
Our offer got accepted on a short sale! I'm pretty excited because this is a condo complex I've wanted a rental in for years. Purchase price: $65kRehab $15k (nothing upfront but a good clean) but eventually will rehab...
Okay, I know most of you are fairly negative on Condos, however, I want to ask you about this potential deal. Condo is in Columbus, high rents around $1500Selling price/ final price is $160,000 HOA per month is $149....
From one of my recent blog posts.....what rules do you live by with social media? I would love to hear itWhat rules do I live by when using LinkedIn lead generation? Here are the five most crucial – although I am su...
Good morning everyone!I'm new to BP and looking to soon start building my RE Investing portfolio. My wife and I just bought a house in South Bay LA, California which is our primary residence. It's a 3bd/1.75br. With 2...
Hello,I have heard of leasing your short term rental to another LLC that you own in order to minimize tax liability from a video that I watched, but there was no information given on why this is advantageous or the me...
Hey guys simple question here, first time investing in a property. I feel like I have done a good amount of research and I am finally ready to put my feet in. I am currently at the stage of looking at houses(duplexs) ...