We are looking to buy our first rental. We are starting very small (with a condo) as we both have separate careers. We also unfortunately can't run around to find "the deal of the century" where we would make tons of...
Hey everybody,
My name is Kevin Sun and I am writing this post on behalf of myself and my 2 partners, Brandon Riedy and Lucca Cristiano. We are 3 freshmen at Rice University looking to build a real estate portfolio i...
My wife & I currently have an owner K thru Edward Jones, It has awesome potential for investment & Tax shelter, Together we are able to deposit $102,000 p/year in an IRA or $35,000 in a Roth & $67,000 i...
How do u classify your assignment fees as income? do you have an llc or get checks written in your name? Ive already had a horrible experience with IRS after winning a vacations prize not knowing it would be added as ...
Hi I own a duplex in Baltimore city and I'm wondering if my security deposit is too high? I feel like I haven't been getting enough hits on the listing in the past month. I've sent a couple applications but no one has...
I've been trying to decipher the statute of limitations for filing a foreclosure action, specifically in Georgia for the moment, but am looking for information on how it works generally in any state. From what I have...
The cold hard truth is that if you are a CA resident and invest in real estate and own or plan to own multiple investment properties, and you set up an LLC to hold that asset, ANY state that you own property in and an...
Hey BP. I am looking at a duplex for my first home (to start by house hacking). Is there a primer anywhere on how to properly limit my liability or how to make sure that I have adequate insurance as a landlord? From w...
Okay, first let me start off with saying I understand that I should get an attorney and CPA to consult with regarding any legal/tax issues. With that being said, I'm curious how others structure their real estate busi...
Hi all,My wife and I are in the process of selecting a tenant for our duplex house hack. Is anyone familiar with Federal and NY state law when it comes to owner occupied rentals? For example, are we allowed set our ow...