Brandon Salimi
Cost Segregation Clarification
I own a single-family home 50/50 with a partner that we've used for Airbnb since 2022. We've both spent 100+ hours through various means over the past year - are we able to run a cost segregation study that would bene...
Steve Rutherford
Using a CC to buy Real Estate
Question! If you use a Business CC to by a property and the Credit Card earns Cash back or travel points do you have to pay personal taxes or taxes though your LLC? It is free money and a form of income but not sure i...
Account Closed
Setting up a REIT...
I'm considering eventually setting up a REIT structure. If you have personal experience setting up a REIT, please provide some details on your experience (good, bad, and ugly) to different aspects of setting up a REI...
Melinda Harris
LLC before buying first Investment
Hey Folks. I am a newbie investor in the DC, MD and VA. Is it a best practice to open up a business as a LLC or whatever other entity before you start buying your 1st investment property to protect yourself financiall...
Harvey Rogers
Bank accounts for first rental
So I just purchased my first rental. I was curious should I open a separate bank account for this property/ future properties in the and keep it seperate from my personal at this time? I’ve bought this property in m...
Nicolas Biangel
CREDIT SCORES AND LLC
Hey everyone! I'm a novice investor with two properties under belt, currently waiting on feedback from the bank for a 3rd. Since I started earlier this year, my personal credit has taken a hit (which I expected as a...
Jacob Gibson
Closing a loan on seller financing
Hello! I am purchasing my first house off market with seller financing. I was curious on if I need to go to closing or do a title check myself? I live in Indiana. Thanks in advance
Gareth Fisher
Debt Paying strategy
Im looking for creative ways to accelerate my mortgage. I don't want to use my cash all at once, because I want to keep my reserves high.So I'm looking at ways of getting cheap cash. Im thinking of taking a cash...
Tony Wang
Tenant (CA) Vacated Room w/out notice to LL before Eviction
Hi BP,We have a tenant that MIGHT have vacated from the room rental without completing a final inspection walk-thru that was previously agreed upon. I have knocked on her door, though no sign of anyone inside room fo...
Akshay Saxena
Which renter should I choose?
First-time renting my home. We have two possible applicants. Help me think through the pros and cons to determine whom I should rent to:
Candidate 1: Single recently divorced person with a 65 lbs pitbull. Getting $45...