I am currently in the process of completing construction of a new rental property. The cost has exceeded budget and I would like to sell my existing rental property to pay back the loan I had to take to cover the exc...
Hello, I’m currently renting a home in San Antonio, TX. As you all know we experienced a really bad storm recently. (The home we are renting is in below average shape, built in 91. Rated a C overall in move-in insp...
I'll try to make this short but include all pertinent information:
Tenants want out of their lease 1 month early (lease ends end of June, they want out end of May). They offered 1/2 of security deposit (equal to 1/2 ...
It just occurred to me this week that after these many years of renting homes that I only request a single application from one adult which means that if 3 adults wish to move into one of my homes the applicant only n...
BP Fam,Would like to hear the communities thought in my current situation. Currently house hacking and we have a in-law suite. Renting it out and occupied. The tenants decided to register their LLC under my home addre...
I have a "Cabin" just an hour outside of Houston, beautiful property, secluded on 14 wooded acres. Amenities include a pool, spa, big covered deck, fishing pond, hiking trails. It's been my family's weekend home for t...
Hi BP community,
I recently got an accepted offer on a SFH in Alberta, Canada that has two separately metered legal suites. I'm currently performing due diligence with the property and need some advice. The property...
Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
I have spent the last couple of days going through the forms reading about LLC's as they pertain to real estate. My wife and I have already decided to start one, and we have sent the papers to the state. Havi...
Hello everyone, I have another question to run by you. I am trying to figure out which is the best way to structure this deal and how to do it for tax purposes as well.I am closing on property on Tuesday. My father ...