Wesley Appleget
Collecting rent through LLC while claiming depreciation personall
Hi Everyone, I just bought my primary residence and am planning on renting it out. I am the sole proprietor of my LLC and would like to be able to collect rent money through my LLC so that it is profitable and I can u...
Louis Pacheco
Need helping finding owners of vacant house
There is a house in my neighborhood that is vacant. I’ve looked up the house on the county’s assessor website and I’ve been able to find the owners name. I did a quick google search of the name and it shows up that th...
Adam Bush
Line of credit to start investing
I am looking for ways to get started while I continue to save capital. Is it possible to get a line of credit through an LLC if I am just starting out? My idea is that I would use the line of credit to flip properti...
Connie Murphy
Tenant damage to appliances and pool deck
this is my first rental (my personal home that I'm renting) so the house is much nicer than what a typical rental would be. That said, I am getting a premium on my rent ($1.90/sqft). Anyway, found out my tenants had...
Blaise Doremus
Creating a Real Estate Website or App
I thought of something useful that Zillow.com does not have and am thinking about creating a website or app. What would be my first step? I am not a computer geek. I do not want to share my idea.
Joshua T.
Delegation of authority for acquisitions and sales
I am looking to form an LLC in Florida for my new real estate business. I do not live in the State, but I have a close family member who does. Since my job requires me to travel often, I would like this person to be a...
Kalo (Kyle) Atanasoff
How to appeal property tax increase in Florida when live in TX
Hello BPers,Please advise how to how to appeal property tax increase in Flordia while leaving out of a state of Flordia? I read about VAB but seems it only in-person?Any ideas are much appreciated!P.S. Question is for...
Chris G.
Should We Sell Management Portfolio
We have technically two management companies for two separate county's in the area. They’re both ran out of the same office. County 1 portfolio is about 3x the size and owners call us to get management since there isn...
Eric Davenport
Best way to borrow-LLC or personal?
Hello All!What is the best way to secure a loan under an LLC to reduce liability? I know that many banks do not lend to LLC's and transferring a personal loan to an LLC can trigger the due on sale. It's rare that bank...
Elsa M.
Landlord paid expenses
Hi everyone, quick question, once the rent is paid, what do I do with the money from "variable landlord paid expenses" (calculated by BP rental property calc) like Cap Ex, repairs, vacancy etc..? Do I open a new acc...