Gabrielle T.
Active income LLC tied to a Solo K also used for passive income
Hi everyone, there's something I'm still confused about after talking to different people and reading through BP posts. I have a Solo K tied to an LLC, taxed as an S-Corp, that I set up for active income purpose - mea...
Steven Davis
LLC, S, or C corp???
I've done some research (rich dad adviser books, google) and have decided to go with an LLC for my situation.Specific situation:Currently own 5 houses, looking to purchase a 20+ unit complex this year. The next 5 year...
Alex Moazeni
Arbitrage good idea?
Hi .Just got an offer from a couple to rent one of my properties for an arbitrage purpose (ARBNB) they will provide their own home warranty. Do you guys think if it is a good Idea to rent out to a teant who is looking...
Harris L.
What should I do next with a condo if hoa is increasing? quick analysis & discussion please.
Before coming to BP I bought 3 condos with HOAs.. and I'm realizing now why many people don't like properties with HOA... I have a question related to this.. one of HOAs have been increasing...started off at $278-4 ye...
Daniel Kim
Why is my SFH not renting?
Hello BP members,
I have a 5/5, new construction home in a nice area that I recently put in the market. My PM said they had around 8 showings but it hasn't been rented yet. It's been over a month and a half, so I've...
Ann D.
Newbie from Boulder County area, Colorado
In my first post I want to thank everyone who contributes to the BiggerPockets forum because I have learned SO MUCH!We (my husband and I) purchased a SFH in our neighborhood for the purpose of long-term rentals. It w...
Account Closed
LLC or Corporate, starting investor
Hello everyone, I am relatively new on the RE world and I am wondering what is better, if I should start with an LLC or a Corporation for my investments and also another company that I am in the process of creating. I...
Paul Schaefer
Sending offers without looking at property
Does anybody ever send offers to buy a house for the purpose of flipping without actually going to look at the property? If so, what is your criteria that the property must meet for you to send an offer sight unseen?
Zhengran Zhou
vacation rentals in Coachella Valley
Hello everyone!I'm looking for a good vacation rental, a SFR, 3/2 or 2/2 with a pool, <350k. Ideally, I'd like to see rentals from the annual music festivals as well as general tourism in the So-Cal area (goal: 10%...
Kyle Scholnick
Are down payments on rentals tax deductible?
I know the mortgage interest and any expenses associated with the rental property are tax deductible but, is the down payment of a rental property tax deductible?If I put $40,000 down on a rental property, can I deduc...