Tax season is upon us, I'm in need of some advice regarding cost segregation for next years planning. My husband and I are real estate investors in MN with 70+ units that are long term buy and hold properties. We ar...
As a host my biggest fear when running an airbnb is some teens start a party. which is hard enough to prevent if all your listing is clustered in a city (you can hire someone to patrol during party hours). but his lis...
Hello All!I was recently advised that the best way to setup a new investor business is create two separate companies. Both a S-Corp and LLC. I was advised that an LLC should ONLY hold property (up to $1M) while the S-...
Hello BP,Before I get my first deal, what should already be in place? Should I already have a business name/entity established? Or is it the same difference to buy in my name since I will be assigning the contract any...
Hello, I'm currently looking at purchasing a business and having a hard time determining if my advisor has a full grasp on what I'm doing so here are the details. I am buying a business for $700k (100k property, 100k ...
Background: Just starting out, and I'm trying to wrap my head around how to get set up. Strategy is to BRRRR or buy-and-hold SFH. Great personal credit (780+). Planning to start small and grow into something bigger th...
I am new to the real estate game. I have only recently started saving money to begin investing into real estate. I am currently working at a w2 job and also putting money into the 401k offered at work. I recently purc...
I really didn't want to list anything negative on a thread today but they say three strikes and you're out. Here are my three strikes for the day.
one – Bank of America says they are going to close at least 750 branc...
Is is worth doing cost segregation study on town home? I am doing major repairs, appliances replacement. Property is about 1200Sq feet. If it is . How much would it be? What companies do you recommend.Thank you all....
Just in case you aren't aware, we are being charged a 3% processing fee on the taxes that are collected from VRBO's traveler service fee. This has been happening for years. I have been on the phone many times with s...