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...
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...
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?
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...
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...
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...
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 ...
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 ...
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...
For Sale by owner, Sales Agreements.
I’m curious to learn what clauses or protections others builds into their sales agreements to ensure (or allow for legal action) if a private seller sells their property to someone...