Hi BP,I have done readings on LLC setup for rental properties. I am now confused as I kept seeing different ways people do things. I have consulted with 2 different CPAs before and they told me 2 different ways.We cur...
Real estate agent? Accountant? Grocery store manager? Pizza delivery guy?Just out of curiosity, what was your job before you decided (or were able) to live off your investments? Doesn't matter how high/low paying or u...
Hi everyone, I need your help. I have a property in Dallas and we let a property manager manage the property. 2-3 Months ago the property manager found a tenant, did a backround check and told us she is ok. First mont...
Hi,When 1031 exchange is performed, what happens to the Passive Activity loss on original property? We have considerable PAL and good equity on the original property, wondering what happens to this loss after the exch...
For those of you who are trying to build your real estate business while holding a full-time job, what would you say are the biggest challenges that you have to deal with on and ongoing basis?
Just off the to...
Hello all! I'm new to REI and am interested in connecting with other newbies (and of course seasoned pros) here in Cleveland. Are you also just getting started? Let's connect about how your research is going, what str...
Evening everyone, I hope this won't be a very long post but please bear with me. I already introduced my self in the new introductions area so I'll just get right to it.
One of my buddies from college and I ...
Hello everyone,I am an aspiring real estate investor specifically looking to rehab/flip or rent. Since I am new to real estate, I acquired my Florida Real Estate Salespersons License in order to earn while I learn. I ...
Has anyone done exposed duct work in a SFH or condo? We are debating doing it in an 80 yr old SFH that we are taking down to the studs and giving it a very modern aesthetic. My GC has never done them but said he HAS...
Sorry for the long post...I own a large duplex. Both are rented to long term section 8 tenants. One side is drama free and the other always has something going on. Not a high crime area but the police has been at thi...