Eric Phillips
Selling a converted personal residence
Hello,I am looking to have an in-depth discussion with a tax professional regarding my rental home. I have owned it for 4.5 years, I have lived in it for 2 years, rented it for 2.5 years. I am going to be moving for m...
Jason Cunningham
Including refrigerator - personal property? maintenance?
Hello all,I have a question about including a refrigerator (and washer + dryers for that matter) in our rentals. Currently we have 4 rentals, all include refrigerators. As the fridge is technically personal property...
Sly Anyanwu
Cashing Business/personal credit cards
I need the fastest way to liquidate credit card, both personal and business, I have a deal that may bust if I don't raise my cash capital by Nov 20th. Any input will help a whole lot.
Joe Lee
value of a personal guarantee
How much value do you put on personal guarantys when deciding to accept a new commercial tenant? Do you relax your requirements (financial or otherwise) when personal guarantys are offered?
Cole Steele
LLC, Personal Corp., or what?
I am currently considering buying my first rental property. I just read chapter 16 (getting ready to close) in "The Book on Rental Property Investing" and it talks about keeping a checking account for rent and a savin...
Nic Hill
Persons with disabilities mortgage options
Hello! My wife and I have been looking into options into buying a house for one of our two, sons that have autism. He will be 18 soon and would like to start getting pieces into motion and explore our options. Any rec...
Rick S.
Personal property converted to rental
We made improvements to our personal property in 2011. We began marketing the property as a rental in mid 2012. Can we add the improvements made in 2011 to our cost basis for calculating depreciation?
Deborah Burian
Tips for Selling Personal Home
Our personal home has been on the market for 6 months and has not received a lot of attention. It is currently unoccupied and in turnkey condition. We are using a realtor and I think they have been adequate if not es...
Peter Hoang
Transferring Personal Name to LLC
Hello everyone,I tried searching the forum for this answer but had no luck. I just got my first property under contract today and plan on BRRRRing it. I have my LLC already set up and am getting rates from two lende...
Wes Morgan
LLC to pay personal mortgage?
I have a rental that I purchased with a conventional mortgage. I have since deeded the house to an LLC (with the banks permission). Does it make sense to have the LLC pay the personal mortgage directly from its accoun...