Chuck Win
S -Corp, C -Corp , LLC
I have 4 rental properties, All managed by 2 different Companies, One property is paid for, other three I have mortgage. My three mortages (3 different mortage companies) will not allow LLC or S- Corp, Question 1) ...
Gini Dutt-Roye
Full equity in home- considering rental
We have full equity in our home in Texas and plan to rent it out later this year. What can we do to protect against a lawsuit? 1. Should we create a LLC and sell our home to the LLC? Does this increase property taxe...
Justin Pumpr
Owner occupied duplex tax deductions
hi all,I'm on the cusp of buying my first ever property and it will be an owner occupied duplex. I'm trying to navigate the maze of tax deductions and was hoping to get clarification/confirmation on a few things:I can...
Michael Furey
Anyone an agent with Premier Agent Network?
I’m getting my license to flip houses and was looking at brokerages and found Premier Agent Network. Seems like the best way to keep most of my money. Is anyone with them? Is it good?
Paige A.
VRBO trip insurance and vacation rental agreement terms
Hi BP community! I am a newbie to vacation rentals - helping my mother and father turn their beach home into a rental to help subsidize (likely, soon) assisted living/nursing home expenses. Their property is in Sout...
Account Closed
Title work on assignment contract
Long time lurker, first post. I've come to a verbal agreement to buy a home on an assignment contract from one of those "we buy houses cash" investors. They seem legit and sent me the contract to sign, but they want m...
Chris Carrigan
LLC or Umbrella
Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...
Glenn Gomba
FHA refinance & rent out home - Does it make sense?
Hello everyone, I'm trying to figure out what the best financial decision would be for refinancing / renting out our home and was hoping someone can help with some advice.My wife and I are purchased a townhouse in Aug...
Johnny Weekend
LLC and Holding LLC vs DST ?
Hi everyone,I read a few posts on LLCs and holding LLCs and wanted to dive a little deeper.I live in CA but own a single family house in Ohio. I contacted Corporate Direct and Wyoming LLC Attorney (that's the website ...
William J Mcmillen
LLC for my first property?
Currently in the process of purchasing my first rental property, I'm hung up on making a decision on putting it under a LLC or not.. Seeking advice, what you guys think?