Hello All, Quick question to see what others are doing for optimizing tax advantages for STR. Background:We got a second/vacation home during the pandemic and now its ready to go online as an STR in the Russian River ...
I am an investor from Los Angeles. I have properties in Indiana that are in Indiana LLCs.My lawyer was the one who advised me to make a California LLC which will be the single member of all my Indiana LLCs. I heard t...
Hi to all, I had an interview with an attorney real estate attorney in which it went well. The question I have for you guys is .. The attorney told me that I have to options to create a LLC entity and the first one is...
I have few residential rental properties, for which me and my wife are on mortgage but did deed transfer to LLC. But as for filing taxes we elected as S-Corp, it's been few years we have this set up, but learned that ...
I am interested in getting into rental investments via house hacking. My eventual goal is to own a portfolio of properties outside of my personal residence, but the first two properties I buy will likely be house hack...
Hello Everyone,
I want to get your experience regarding Airbnb in Baltimore City. The rules for Airbnb in Baltimore appear strict online. Is it correct you can only Airbnb at your primary residence? I do not understa...
A 12 unit condo buidling i own has City of CS liens over $6,000,000, the liens are on the Hoa, not on the individual units. This is about 2x as much as the entire buidling is worth. I did try to negotiate with the c...
Hello, has anyone on here had a good experience with a CPA that they'd like to recommend? CPAs also feel free to DM me to connect.
Hello! I’ve gotten mixed feedback on whether I should get an LLC. I have 2 inherited properties I am preparing to rent. I have completed minor renovations on both. Is the LLC beneficial for better write offs?
Hi there!
I’ve started an LLC to buy my first residential investment property. I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan b...