Lynn Z
What is this annual inspection deal?
Our city council is trying to register all landlords and have out of state landlords appoint a local agent who will take service from them for codes violations, grant access, fix any problems etc.
The excuse they use...
Kaiden Foster
Shot-Term Rental Anchorage Tax
Hi all,
Just recently listed my first property on Airbnb and I have a couple questions about taxes. If I understand correctly, Airbnb automatically collects Anchorage muni 12% tax from the guest (see article here) an...
Chris Fennimore
Question About Rules on Raising Private Money
Hi, I'm relatively new to BP and have searched around the forums for an answer to this, but couldn't find a definitive response. My partner and I have been buying rental properties in Albuquerque for several years. T...
Adam Letke
LLC Address Maryland
Hey all,
I'm getting started up here in Harford County Maryland. I have a LLC to use for the purpose of real estate investing and I was wondering what address everybody is using for their LLC registration if they don...
Rich Burnside
How Property Valuation is performed in Cleveland, OH
I'm looking at BRRRRing properties in Cleveland, OH. However, I'm concerned renovations may not materially improve the value of the home. While looking through the auto-generated list from my agent, I used Zillow to g...
Ryan Apples
203k Contractor License Requirement?
I am in the process of getting a home via 203k Streamline/Limited. My lender says that the GC needs to provide a detailed scope/bid, insurance/bonding, resume and a LICENSE. I am simply looking to get the roof reshing...
Lamontis Gardner
Using an LLC to invest in another state
Im wanting to start a LLC in Alabama, but also want to invest in Illinois. Is it possible to purchase property in Illinois under an Alabama LLC and if so, is that wise to do so? Or should I get two separate LLCs?
Julio Gonzalez
Earn tax-free income renting out your home
Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...
Patrick Appau
we buy houses name in website causing issues?
Hey Guys, Has anyone received the message below from a company requesting them to stop using the phrase "We Buy Houses" on their website? Please look below and let me know what you guys think: This is a friendly no...
Tom R.
Title was never transferred and contract lost
I am asking for a friend. I want to help he but he doesn't seem to want to help himself.My friend who is disabled was gifted a trailer home by his church. The church purchased the home for him cleaned and painted the ...