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Greetings BP family! Newbie here, soaking in the collective wisdom.I was googling passive income the other day and learned that you can earn up to 80 k and not pay federal income tax. Is that true?
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I am selling my FHA 3-family rental property. I have recieved an Subto offer on the house. Would I violate my FHA loan by taking offer and what are the pros/cons of Subto deals?
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Can anyone recommend a good service for invoicing tenants for weekly vacation rentals and allowing them to pay via check. The reason I mention that these are weekly rentals where my friend doesnt need a tenant manag...
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Any suggestions on which method is a better way to furnish a rental property? I am debating whether to use a dedicated business account that is funded to ensure proper tax records vs using a personal credit card so I...
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I have two units separately metered and we are installing a shared washer and dryer. Logistically, the water and power for the dryer would come from the smaller one bedroom and the washer power would come from the 2-B...
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Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...
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When you rent a property, who pays for the HOA fees? do you list the property for a price and let the tenant know that there is an extra bill? do you include the fee in the rent?
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If I (as a LLC) build a new home in Florida and then sell it, was is required as far as warranties for the buyer?? Do most flippers just purchase the home warranties to add into contract. I realize this gets a bit com...
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I recently found a Subject To deal that works for me. However, I'm in the middle of a cash-out refinance of an investment property I already own. My question is, if I was to proceed with the Subject To deal, will this...
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Hi I have my own business and getting my first Airbnb in CA. Should I set up an LLC for Airbnb for protection? Does a single member LLC provide the protection?