Collin S.
Short-term Rentals (Airbnb) in Jacksonville
I see plenty of Airbnb listings in Jacksonville, but little information on short term rental regulations for the city. Are there regulations (hotel tax?) governing these short term rentals, or any special hoops to jum...
Adam Feick
Small Self Storage Analysis
I am looking at a small self storage facility. Here is the information I know.2 buildings, 46 units total. Fenced in with automatic gate. Space for another building (about 24 units) and RV/boat storage 10~15 spaces...
Horacio Gutierrez
Property taxes on multifamily fourplex
Hello,
Are the property taxes the same amount for a fourplex than a single family home which have the same lot size or are the fourplex properties taxes higher because its more units?
Robert Borer
SD-IRA Tax Handling for Investing in Single-Member LLC
Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment". I invested in a Single-Member LLC, of which I am the "Single-Member". The single-member LL...
Wes M.
Oak Island STR -- Update One-year In
I wanted to provide an update on our vacation rental after a full year placing the listing into service. We purchased the property in October 2021 for $459,000 and completed a roughly $25,000 renovation. Furnishings t...
Kyle K.
Texas LLC Fees
This post is meant to be informative in nature, since I found it a little difficult to find all of the answers I was looking for regarding Texas LLCs and I wanted to share my findings on BiggerPockets. Naturally, I wi...
Evan Thomas
Out of Town
I live in New York, NY. I'm not interested in investing in NYC or White Plains (where I work) due to taxes, regulations, etc. I am interested in the Philly market. I'm from near Philadelphia originally, and I can get ...
Yoav Schatzberg
How to review a P&L
Hi all,I'm reviewing a P&L for a 7 unit building, and I've got a couple of (basic) questions:1. What am I looking for in here? Other than actual NOI and Expenses, what should I be considering?2. Are there any ot...
Joe Splitrock
Tax Deadline Extended to July 15
IRS just announced the tax filing deadline will be moved to July 15, 2020. This is in addition to the previously announced move of payment deadlines.
Andy Vasquez
Protecting Assests Without Transferring the Deed
I live in DC and want to rent out the house that I am living in today. It is my understanding that I cannot transfer the deed into a LLC without paying a huge transfer fee. Is there anything I can do to protect myself...