David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Ivan Burley
Acquiring a weekly rental lease! Can I change the terms?
If all goes as expected I'll soon be acquiring a lease on a duplex that is week to week. I was wondering if I could draw up a new lease that is yearly! There is a clause in the lease that says the agreement is ren...
Brandon Chaney
Is Los Angeles a great place to flip homes right now?
I deal exclusively in distressed SFH in LA, and I’ve been getting mixed feedback from some of my investors lately. Some are running full steam ahead, but a few are running out. The Los Angeles market has seen inventor...
Jeff Payne
Service Dog for current tenant and what to ask for legally
Hello everyone, one of my renters in a suburb of Phoenix, AZ asked me about 3 months(6 months into a 2 year lease) ago if they could get a dog(its agreed to by both parties no pets)and i said "sorry, no".. Then last ...
Amit Saini
Does putting rental property in LLC help with lowered taxes?
Getting conflicting information on this subject. Both husband & wife on W2 income w/ one rental property.Does creating a LLC help with a lowered tax rate for the rental income? Very sparse information on this subj...
Saul Trejo
Can we Terminate Lease?
Hello, hoping to get input from landlords that might have more experience than us on this! So, we have a SF rental property in AZ...in our contract, it says this about default- My question is in regards to the last se...
Shiva Bhaskar
LA County to forbid discrimination on Section 8 status
https://www.nbclosangeles.com/news/local/LA-County...Something that LA County landlords should keep in mind, as I see many listings on Zillow, in south LA especially, which explicitly state "no Section 8." Might make ...
Account Closed
Forming LLC to broker money to local investors?
Hello everyone,I have recently formed relationships with a number of real estate investors in my area (Akron / Cleveland, OH) via a law degree I started last August.I happen to have good relationships with people more...
Jamie Derasmo
Is a condo a good rental investment (first investment)?
Hi everyone! I think I'm ready to make my first offer on my first rental property in North Providence, RI. It's a 2 bed, 1 bath unit in a relatively small condominium. After running the numbers using the awesome BP ca...
Thomas Brady
Renting by the room near a university
Hello Bigger pockets! I have a question regarding renting to students. There is a really nice duplex near the University of North Carolina at Charlotte that I am interested in. it currently rents for $2,500/month. $1,...