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Story time! I purchased a long term rental in 2020 and shortly after my first tenants lease was up I came to find out they up and left, breaking the lease, and leaving me with a ~$10K bill to get the home rent ready a...
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I am trying to figure out how to structure LLC's in NY. I currently have an LLC with 3 properties in it and I have a total of 6. I am currently thinking about refinancing other properties into LLCs so I need some advi...
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Can someone explain this to me?In "Rich Dad, Poor Dad," Robert Kiyosaki says "The reason I minimize my income is I don't want to pay it to the government. That is why my income comes through my asset column, through a...
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Hello everyone, still pretty new to REI and was planning on tackling investing on my own, but it turns out my immediate family (mother, and brother) want to go in as partners with me. My brother is a broker, and a pre...
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Hey guys, I'm looking for a good CPA I can work with that knows his/her stuff about setting up a Wyoming LLC or S Corp for the anonymity benefits but also extensive knowledge how all of this applies to real estate inv...
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I am a licensed RE Agent + Investor with few rental properties. I set up S corp for my RE Agent practice and therefore when I rent my own property, I write a commission check to my brokerage firm and he writes a check...
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Hello Fellow Investors!
I plan on renting out my investment property in Cleveland, Ohio as a long term rental. I would like the system set up where the tenant pays for the utilities. After speaking with someone who i...
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Hey Folks, Data nerd here. I originally posted this is innovative strategies forum but i think this forum might be a better home for this topic. Looking for as many publicly available (free) real estate data sets as I...
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Tenant left the place trashed and it took a week or so to get broken window repaired and stolen stovetop range replaced. I have a new tenant ready to move in, but needs to have inspection with full utilities before mo...
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Looking for a little help because I'm getting conflicting information. I set up an LLC in my name but not tied to my SSN. I filed for an EIN (I should have had a registered agent set it up correct?)I had my attorney s...