Roman Rida
Can operate LLC for a Airbnb business without the LLC owning deed
Hi Bigger Pockets!I have a Airbnb property with a residential "investment property" loan with Pennymac. I understand that Pennymac doesnt allow you to switch the deed to the LLC and I am wondering if I can operate my ...
Natalie Gelbke-Mattis
Seller Financing Terms I want to offer for a Lakefront Motel
I am in the process of purchasing a motel, and i have a lot stacked against me in terms of coming up with 20-25% (I only have 15% liquid as of today) , rising interest rates, and cash reserves that may be needed in a ...
Kevin Ro
Not sure what to do with Wet Lands in Atlanta GA
My partners and I just closed 108 units in GA a few weeks ago.I'm looking to see if there is an opportunity to re-purpose a section of our property which is in a flood zone. The area is already fenced off so it does ...
J Brendan
AirBnB in city of LA
Hey everybody. So I'm a recent graduate living in LA- I've been here for about a year. I'd like to rent a 3 bedroom, 2 bath apartment with in unit washer and dryer. I'd live in the master (with ensuite bathroom), and ...
Ollie Honan
First deal,trying to gather info on financing Fables,Fictions and Facts
My wife and I have finally gotten within striking distance on our first rental property.The home is bank owned needs a new roof,some plumbing work and a new kitchen.Otherwise the house is in great condition.Our goal i...
Michael Hooper
Finding Hotel Management
I'm looking in to buying an extended stay hotel. From the previous owners tax returns, they seem to turn a decent profit. However the more I think about it, the I'm not sure how to manage the property if I acquire it....
Dennis Cosgrave
How Will California's Proposed Wealth Tax Affect You?
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
Kyle Evans
AirBnB Double Taxation in Florida
I have an AirBnB in Okaloosa County, FL. AirBnB automatically remits taxes when a guest books. Their disclaimer states they pay all city, county, and state taxes on our behalf. However, Okaloosa County’s Clerk of Cour...
Naz Hossain
2 member LLC confusion in Texas...
Hi BP - my partner and I have a LLC set up. Our attorney and CPA said that we will have to file for taxes as a partnership but I have been reading up that taxes are pass through? We are a 50-50 partnership with the op...
Eamonn McElroy
Property Management Bookkeeping software?
Curious what property managers on here are using for bookkeeping software.Currently I have a client that uses QBO her property management business. She's not a big fan.Needs to be able to generate monthly statements ...