Ben Kornblatt
Please help- Question regarding depreciation multiple properties
Hello BP community,
I was hoping to ask the veterans and those more experienced than me on this subject. The question is in regards to depreciation with multiple properties. Lets say for example you have two SFH wor...
Lynkeisha Dixon
Single vs. Multiple LLCs for Property Portfolio
In your opinion, what is the most effective way to establish an LLC? Should each property be allocated its own LLC, or should one LLC contain all properties? Please share your thoughts.. Thank you for sharing :)
Marcin Chojnacki
SOLD in 6 Days with MULTIPLE OFFERS!
ALSIP, ILThe Numbers:Purchase Price: $70,500Rehab: $45,000Sold: $155,000New floors, bath, kitchen, HVAC, tiles, lighting, deck, etc. Photos are a bit too enhanced but the house turned out great!Congrats to:@Marcin Nurek
Anmmar Alsaggaf
Investing with multiple partners under an LLC
Case: So what I have 4 partners with 25K for a total of 125K on a single family home we are looking at that rents for $1500. How do we structure a contract or deal so that all revenue/profits/expenses/taxes are split ...
Jay Hollis
Moneyflow for multiple LLCs and management LLC
We have 3 LLCs, one of which is a Series LLC. One of the three is the managment company owning no assets. All rents and expenses go through this LLC. The remaining funds are then sent to the other LLCs that own the p...
Mary Chen
investment property tax reporting with multiple partners
Kind of want to see if this is possible or absolutely not (I'm thinking not but just curious what others think). So my parents are doing a 1031 on their old property to buya new one. My brother and I would like to be ...
Ryan M.
Quad-plex in NC - Multiple Offer Situation
Hi Folks,I'm a newbie and my few deals have been on the vacation rental side but my brother and I want to partner up for some buy and holds in the Winston Salem and Greensboro area of North Carolina. We've been lookin...
Andrea Kugelman
Multiple LLCs vs LLC and land trusts
I spoke with my lawyer and my CPA today and they both have different suggestions.I own a few buy-and-hold and will be managing rental properties for others as well. My lawyer suggests 1 LLC with the properties in it a...
David Tang
Renter's Insurnace when there are multiple tenants
What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...
Sheldon Alex
Analyzing a Flip That Has Multiple Costs
Hey everyone. Here's a deal I'm going to break down pretty thoroughly on my process of evaluation. I got this deal from a connector within Gator. Before I looked at the deal, here's what I asked from him:
The purchas...