Gail Marie
LLC which state is best
I own a rental property in CA and I am buying a multi family unit with partners in Indiana. I have another investor who set up LLC in Utah and has registered agent in Indiana. Is there a better state to set up LLC in...
Kat Robertson
Help! Unsupported bricks in ceiling of remodel.
My fiance and I are remodeling the finished basement of our "new" 1920s' home into an income property. We haven't encountered many issues until today when we opened the ceiling drywall and are horrified to have found ...
Karina Turner
Central Valley, CA preferred asset protection
I think I was lucky the first round of renting my family home out of state. I live in CA, and want to get opinions from active investors in my area: Fresno, Merced, Turlock, Modesto. What is your preferred way to pr...
Isaac Harjono
California Resident with Out of State LLC. Do I Need Form 568?
Hi BP!
I am a California resident and I have an LLC in Indiana for my rental properties where I am the only member. This is my first year having an LLC and filing out of state. I was wondering if I need form 568 for ...
Robert Howard
Moving property from my name to the LLC
I'm getting ready to quit claim a property into my LLC's name, but I thought about insurance issues. Can I keep the insurance in my name or do I need to move the insurance into the name of the LLC. Also if I do chan...
Tim McGarvey
Deed Transfer and Re-Assessment in California
A few years ago, I co-signed on a mortgage for a family member when they refinanced their property (income was not high enough to qualify on their own). During this process, I was placed on the property deed. Now, the...
Matthew Nelson
Wholesaling: Foreign LLC
I am thinking about how to structure my wholesaling business as I want to do deals virtually, but I want to test certain markets and maybe do one deal in that market befor going all in. Keeping explanations simple for...
Michael Stanley Nino
Do you show your spreadsheets to your real estate agent?
Especially if it's a bad deal. Do you show them the spreadsheet showing that it won't be beneficial to you? Not sure if it's a disrespectful thing considering I want to continue getting listings in the area.
I'd say ...
Joseph Attia
Private real estate investment group structure
I am wondering what advice you can give on an appropriate waterfall payout to investors if I am the manager of the real estate assets, leases, and management. I am planning on owning each property in a separate co...
Angelo Cortez
Claim paintings as furnishings for STR for Schedule C?
Hi BP Community,I collect paintings. Paid ~3.5k of paintings last year. If I put them in my STR, can I write them off on my Schedule C?