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Anyone have experience designating your LLC (RE rental income/loss) as a qualified joint venture? I am interested in reading all pros and cons of QJV vs. S-Corp, apart from level of complexity of tax returns. Accounta...
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Hi all I have a few questions and hope you can help me along the way. I own a 2 story house in South Philly and it’s fully gutted. I am putting a 3rd floor on and already have my zoning permits and waiting on construc...
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First post on bigger pockets! I’m under contract on my first 3 family home and I’m exploring insurance options. I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrell...
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Hey I’m interested in purchasing a property with a fireplace.I’d love to hear anyone’s experience with having a fireplace in a rental. Horror stories are welcome. Just trying to see what I may or may not be getting ...
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hi BP. I been putting off getting an llc but now that I'm in business I don't want to put off any longer. Looked at different options looking for cheapest and most efficient willing to put in the work myself that an a...
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This is not a topic that I hear about a lot, but Ive been sent Marina for sale:-holds 75 boats-pavilion area-huge garage (steel bldg. presumably for winter heated storage for boats)-large fenced in storage area-asking...
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There are so many discussions on here about the most appropriate asset protection strategies for various situations. Umbrella policies, LLCs, holding LLCs, land trusts, etc. People debate whether someone else can si...
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Today's topic is a springboard off of @Lisa Phillips a Phillips Phillips Phillips excellent blog series, episode 2 on incorporating.
We will be doing business in NY and, with the advice of our attorn...
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If an owner user purchases an office building with a non permitted built out second floor mezzanine, what if any recourse might they have for non disclosure against the listing or procuring broker? Is there a stature...
If I have a property that my spouse owns ( I am not on the deed), am I able to lease that property under an LLC that is owned by my holding company? LLC would conduct STR out of the property. For qualifying for future...