My wife and I are just closing on our second rental property and I’m looking for some guidance. I’m looking for a way to protect income from ‘our’ taxes and to maximize the growth to enable us to start saving for prop...
After meeting with many prospective tenants I decide on a middle age couple and their son. When I said I would run a credit check he let me know about troubles with IRS and child support but it seems to be way in the...
For all DFW flippers, I wanted to get some opinions on where you are operating and where you see potential in the future. Let's discuss.
Being an avid reader, I have noticed a lot of books mentioned around here. I have always wondered when researching a new type of business if the experts writing the books on that particular subject are making the type...
Do any flippers require buyers to use their lender?I know it happens more on new builds, but thinking this could reduce a lot of wasted time since all lenders are not created equal.If so, what type of resistance have ...
Hello BP STR experts, If I buy land first for constructing/manufacturing home, can I then claim bonus depreciation for such a constructed/manufactured home and use that calculated depreciation amount to offset my W2? ...
This gets stranger by the moment. Just wanted to share....Tenants where renting for a full year and then renewed last Oct-2015 for another 2 years having already lived in the home for a FULL year prior to the renewal....
So I finally closed on my first commercial property in San Diego on 12/31/12. The escrow placed the property under my name and my wife's name but I understand I need to move the property to a LLC for asset protection...
Will homeowner's insurance cover a house that has an extra room that was added on without permits? (garage to room conversion)
Hello everybody, I want to start operating in the State of OHIOOpening the LLC, have a registered agent there to receive my correspondence and comply my tax duties, etc.The thing is that I have ask some companies that...