Robert Gorra
Lease Writing For New Tenants
Always be very careful when writing up your lease to the new tenant. Make sure that you posted the property onto a digital website like Zillow, and always ensure that the tenant fills out the proper paperwork, so tha...
Shaun McDonald
Houston Real Estate Lawyer
Hello BP Community,I am getting ready to list my property in Pearland, TX for rent. I have read many forums recommending I work with a law professional to obtain a lease and ensure I am properly protected.Does anyone...
Devin Basile
Evaluating LLC setup options and costs for IRA LLC in NC
Hello, I am evaluating custodians and LLC set up options for what will be my Checkbook Roth IRA/LLC.I see some of the custodians have a partner who will charge a chunk money to set up the LLC $800-1k+. All I really wa...
Seidy Lasker
Taxes for the Deceased
Can you file 2 years of 1040's for a person that passed away in 2022 but has income for both 2022 and 2023? Or would you have to create an EIN and file 1041 for 2023?
Fernando Mingo
How to Asses and Compare Construction Loan Terms?
Good afternoon everyone,
I currently have new construction coming up where I am sourcing construction loan quotes from multiple lenders. I'm receiving multiple offers ranging from 11.75% to 12.25% with points varyin...
Akash Agrawal
mortgage in a real estate General Partnership
In a real estate general partnership, can all the partners be on the deed for a property but only a single partner be on the mortgage ? In this situation, can all the partners claim mortgage payment as expense in thei...
Chris B.
Declaring service animals / emotional support animals prior to signing the lease
I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
Megan Paquet Nelson
Hurricane/Flood and loss of Business Income
I have quite a few STR's that were decimated by flood/storm surge with Helene, and then Milton came to finish the job with wind. All of them are uninhabitable. It will take many months to remediate and rebuild. These ...
Account Closed
Must Know Real Estate Tax Saving Strategies for Investors
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
Courtney Adams
Appliances in a rental
What is the better option?1. Furnish your rentals with appliances (fridge, stove, washer/dryer) and assume responsibility for when they break2. Have tenants be responsible for appliances and therefore they are respons...