Account Closed
When you don't have social security number and need to deal with an eviction and coll
The tenant in place is not paying rent and stayed over end of lease. They are under a management company. I switched companies so this tenant filled out an application with the first company. The current company rene...
Lucas Carroll
Primary Residence Turned Rental - Any Tax Savings Available Now?
Good afternoon all! Long time lurker, first time poster, glad to be here.
I was house hacking my primary residence in Conroe, Texas but I am going to turn it into a full blown rental as I'm away from home for work r...
Chris Carrigan
LLC or Umbrella
Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...
Alexandra Hansil
File Eviction even if Moving?
Hi All
I have a rental in NJ. I reviewed the NJ eviction regulations and it basically states that I can file an eviction immediately without notice for non-payment of rent. However, the tenant is supposed to be mov...
Mike Hoover
Morals of Real Estate
Hey BP team,My business partner and I are both 50/50 owners in our real estate company. We recently closed on a commercial and residential unit. The commercial space was previously a doctors office and had several h...
Erez Friedlander
Partnership and taxes
Hi BP,
I am planning to partner up with a friend and purchasing properties under a co-managed LLC but have no knowledge if there are any tax issues or is it just the same as for the LLC my wife and I share and have 1...
Jefferson Kim
Google Earth Pro is now free for everyone (Any use for investors?)
http://google-latlong.blogspot.com/2015/01/google-earth-pro-is-now-free.html?m=1I guess it uses GIS data importing features to your advantage. Does anyone use Google Earth Pro as an investor and can explain how it's h...
Wilson Liu
Place LLC interest in living trust?
Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...
Jan Neruh Kelsey
Recommendations on organizational tools/spreadsheets for rehabs/flips
New BP Pro member here. Does anyone have any recommendations, or even better any spreadsheets, excel or web-based, they use to keep track of all construction expenses for Flip/BRRRR properties? I BRRRR several prope...
Harry Karambizi
I am afraid my credit & complex tax situation is a death sentence
Hi! New to BiggerPockets! I was an airbnb investor for a few years but my financial situation got really complicated. Now, I am in a great financial situation and am looking to start investing again. However, I really...