Hello,Does anyone have any tips or ideas on starting or how to grow doing property management? I've started a business that involves in contracting and investing but unfortunately it did not go as plan. However, My i...
Hi All,I'm doing taxes for 2016 and we have an owner occupied duplex that we lived in all last year (we bought Aug '15).Now I know people that are responding probably aren't going to be certified accountants blah blah...
Hello! I'm looking to purchase my next investment property out of state (in Oklahoma) and would like to purchase it in an LLC. I currently live in Arizona. Should I form the LLC here in AZ or in OK? I'm also Active Du...
Hi guys. I'm looking to start an Airbnb business in the next 6 to 12 months in Cleveland Ohio, in or around the downtown area (possibly Ohio City). I'm a local but any information about the viability of this type of b...
I don't understand how some of you flip several homes per year and using contractors the entire time. I know some of you don't even do any physical labor yourselves. You just buy and manage the flip.
How is this ...
Right now, I believe I won't be able to write off any expenditures on a new construction (for rental purposes) until the home is completed and in service. Is this only for Sole Proprietors? If I put my existing rent...
Hello all,
I am considering a rural, commercial tiny house development to be used exclusively for short-term rentals. I am mostly aware of the work that needs to be undertaken for any given area in terms of zoning, d...
Opportunity knocks. I'm considering co-ownership as a capital providing partner in a new small business (barber shop) in Oklahoma. The demand requirement exists and there is a new plaza being built with an appropriate...
Hello BP!My house finally went under contract yesterday after lowering the price down $30,000 and having it sit on the market for over two months. We agreed that I (the seller) would pay $5,000 of the buyer's closing...
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...