Alexander Thomas Chaney
[First time buyer for Rental property] Do I need to make a LLC?
About to take the plunge into real estate investment. Before I buy a house and start renting, do I need to make an LLC? Or maybe make a business of a different type? If so, what are some good resources? I'm located in...
Robyn Smyles
What determines the taxation of capital gains?
My husband and I are new to this community but we have been buying, renovating, and selling homes for 28 years. We buy, live in it and then sell.We literally do it all! The find, the design, the demo ( I love demo), ...
Jeremiah Lewis
Renting while living
Hey all, first post!Anyway, hopefully I posted in the right section. So I currently own a single family home and just purchased an additional 10 acres I'm going to build another house on, I just refinanced the S/F hom...
Aaron Knoll
Recommendation for a good RE-savvy CPA in Salt Lake valley?
Can anyone recommend a good accountant? To make a long story short: I landlord for 5 years without realizing depreciation was non-optional. I'd like to file an IRS 3115 this year to try to recapture at least some of t...
Chris Presnell
How to Deed a Property to Satisfy Bank and LLC??
Hi All,After being involved in purchasing approximately 12 SFR over the past 10 years, and listening to hundreds of real estate podcasts, there is one question I have never heard addressed in any detail. I'm hoping t...
Shawn Mcenteer
increase credit score recommendations
Hello everyone. My wife and I are curious if anyone has any good feed back on the companies that claim to "fix your credit" I googled a few, some claim to increase your score 130pts in 30 days for $29. Does anyone ...
Tami R.
CREDIT SCORE...
Quick question... I just got my free credit report for the year. I have a question regarding revolving loans. I only use about 3-4 of these cards, should I close the cards I don't use or would it hurt my credit score?...
Chan K.
Eviction Boston MA - Collection
Hi BP, I am going through an eviction process right now. I would like to find out what else I can proceed with to recover the expenses / damage after the execution. The following is my eviction timeline1) Tenant stopp...
Michelle Payne
Duplex with slanted floors and foundation problems
Hi all,I am looking for an investment property and found one I initially really liked. The inspection revealed sloping floors, cracks in the foundation (about 10), and roof repairs needed. The building also needs tuck...
Patrick Mahoney
Buying a Second at a Foreclosure Auction
Hello,I recently found a home in California that has two Deeds of Trust on it, the first being a mortgage and the second being a line of credit. The Trustee for the second (the line of credit) is foreclosing on the ho...