Nick Jackson
Reluctant end of a partnership
My business partner and I are in the process of ending a very successful 10+ year partnership in which we managed to build a portfolio of 50+ units through the BRRR method. Since the market shifted a few years ago we...
Luciana M.
Deciding what property and rental scenario is most secure.
Hello and thank you for taking a minute to read this!
I am a Tenant in Common "owner" and this home is placed in a Trust. However, I am also looking at buying a condo in Northern Virginia
I am trying to figure out t...
Bob Lachance
The Challenges New Realtors and Investors Face and How to Overcome Them
Starting in real estate is exciting but comes with its own set of challenges. New agents and investors often face obstacles that are only revealed through experience. Being prepared for these hurdles can make all the ...
Donald F.
Can multiple partners use depreciation to offset active income?
If my brother and I hypothetically invested in an income producing property together, would only one of us be able to claim material participation in order to allow us to use bonus depreciation to offset our active in...
Kyle Kipka
Bedbugs- tenant brought them in, feels the landlord is financially liable for removal
I was recently notified by my tenants that they have bedbugs in their unit and they've obtained 3 bids from exterminators for removal. In all 3 cases it was the opinion of the professional that infestation was related...
Kwame Knights
House hacking Tax write off
i'm under contract for a Single family (1600 SQ FT) and it has a existing detached two car garage (800 sq ft) that i'm planning on converting into a in-law unit/rental unit. I'm think of using a 203k loan to rehab bot...
John Philip Eugenio
Transferring RE to LLC
Good evening BP community,I currently have 3 houses in CA: 2 rental and 1 primary. Both my rental properties are under VA loan with 4.5% and 2.5% rate. I bought these houses as primary residence back then. I would lik...
Account Closed
Evicting tenant question
Evicting tenant question- in the process of evicting a nightmare of a tenant, I do believe she is trying to find a new place as I got a call from another landlord but the process is taking too long so off to court we ...
Steven Wagner
Building your REI Team - by the numbers
I have read extensively here about building out your real estate team in terms of who and why. However, I would like to ask the BP members what concessions or professional agreements you ask for with your team. For...
L Lee
Obtaining SDIRA LLC EIN Number
Hello everyone. I am trying to create an SDIRA LLC EIN number. I followed the instructions from the trust company to register the business. The trust company will not advise on the EIN number but refers me to my CPA/A...