Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...
Hello everyone! I was reading lots of blogs on BP about landlording and rental properties being that I would like to invest in buy and hold properties eventually. One of the blogs I read contained a hyperlink to thi...
Hi BP community,
Our family has been leasing a small space in Southern California since mid 2018 for our e-commerce retail business (selling heavy machineries to end users nationwide). We have been saving up over t...
Hello BP members, my name is Tony and I am new to RE from Atlanta,Ga.. I have been on BP for a while, educating myself with UBG, podcasts, webinars, forums, and everything else I can. I have not posted before due t...
Can anyone give me a rough idea of what I should expect to pay to remove asbestos siding and replace with vinyl on a 3,650 sqft 2 story home? I’m trying to decide if it’s worth the trouble on a possible rental property.
The past few weeks my wonderful agent has acquired several "buy & hold" properties with long term tenants in place. Many of which I have past on to other investors. As a beginner investor, what are the pros and co...
Hello BP!
I have a question about using an LLC. Seeing as it is more difficult to get financing for rentals using an LLC when starting out, would it be an option to purchase a property in my personal name, then sell ...
I'm considering a new property management company and their management agreement contains the following language. My question: Does this in any way limit my ability to have another agent represent me for properties ...
Hello all- My LLC was setup where I reside, so in Iowa. I chose to use Ltd. Co. instead of LLC for my company name. When I tried setting up my LLC in Illinois, it appears I cannot be recognized. Am I using the wrong ...
Hi everyone, I know that when you work or expend money on a house that you got from a tax deed in Alabama and is redeemed you get back your expenses but what about a tax deed that is just land with trees, do you get b...