New to BP. While networking I meet a realtor that said he started a LLC to run all of his long term rentals though. Any thoughts on this? Would it be wise to do for short term rentals as well?
Thanks
I’m curious if anyone has experience acquiring properties by paying off someone else’s overdue property taxes. I read about this process and it sounds odd. Is it messy getting the people out? Is it a good idea?
After my father's passing in 2010, i hired a property management company to operate my dad's rentals as I have no landlord experience and live two hours away. Spring of last year I instructed company NOT to renew lea...
I own a rental condo that I used to previously occupy. My income from rental property is largely offset due to depreciation. However, I can not show loss against my active income as my joint income is well above th...
I want to start this off by saying that in all honesty, I'm usually not a very skeptical person and I am one to get ahead of myself and be misled into a bad idea or a scam that sounds too good to be true. About two we...
Hi, Firstly, I would like to tell, Yes, I have bought many properties on auctions ( 26), all unseen, auction winner, bought and flipped. All my previous buys are either grant deed or SWD which came with title insur...
I’m still kind of confused about this. My last post kind of confused me more lol. Can somebody please give me a step by step guide of how to transfer the title of property in Indianapolis that you closed on under your...
I found a property that the owner is actually deceased and have been for the last three years and no one knows. City records have him still living in the house. He has a son in the military and his son does not want ...
Hello, I am a newbie looking to invest in my first rental property in 90 days.My question is what questions should I ask my current cpa to see if they are familiar / comfortable giving real estate tax advice? I don't ...
A member reached out to me asking for advice.
His parent passed away suddenly, with no will. What is the first thing he should do?
I have no experience with this, any attorneys, CPAs, probate experts who can give a...