I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Seems like prop 19 has passed in California. What's the best strategy with this new law, that will reassess rental property taxes to fair market value, if passed to your heirs. Since the law does not take into effect...
When entering information on my Turbo Tax Premiere software I see a screen that asks the following: If this business shares common ownership and operates co-operatively with another business, you may want to report t...
Hi all. Want first to say how much I appreciate Bigger Pockets and the wonderful advice I have received here..
I own 3 rental properties at this point. My wife and I have lived in our personal residence for the pas...
My section 8 tenant is a c-tenant, always pays rent late or failure to pay for a couple of months. His lease expired last November and I haven't renewed it because I've been thinking if I should. Here're my questions:...
Hi BP Folks,One of my unit is rented out to a tenant with a refrigerator. Recently, the refrigerator broke down and we got it fixed in about 10 days (the earliest we could get a technician to the house). Now, the tena...
After 14 years, my wife just got laid-off indefinitely along with probably 50% of her colleagues. Shes in the aerospace Industry and Boeing was their largest customer by far.
I'm not predicting gloom and doom for a...
To understand where I'm coming from, read this other thread I started.https://www.biggerpockets.com/forums/67/topics/445...I did a google search for live-in 2-year flip, and the only things that show up are articles t...
Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
Say I have $200k to invest in downpayment s and purchasing MF buildings. Seems like the larger unit buildings don’t have as good of a return? I plan to be in this situation by next year, and I don’t know if I’m bett...