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When I first started out about 15 years ago my business partner put two properties into an S Corp. The two properties are owned outright no debt. My question is how can I convert this into an LLC? I realize now it ne...
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Hi! Has anyone done this in Chattanooga? I see some larger single family homes in areas that appear to be zoned R2 that, at least from a physical perspective, seem like they could work for this. The goal here would be...
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Hello All! Seeking insight from the community on converting a STR (primarily Airbnb) to long-term rental. Considering the change as the STR numbers just aren't working, especially with the associated expenses and turn...
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So here is my situation:I am a new investor. I purchased an investment property that has not yet been filled but I have incurred costs along the way to get me to this point. Now I've been told that I can write off man...
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Hi, I'm thinking about rehabilitating a 20 unit building and would like to convert them into 16 Condominium units. Does anyone have any awesome book suggestions or resources I can inhale related to this?
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Hello BP,I purchased my first investment property in Brantford, ON.It is a legal duplex, a 3 story detached house. The upper unit (2nd and 3rd floor) is approx 1500sqft and the lower unit (ground floor) is approx. 100...
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Hello BPers.I'm looking into converting the seldom used formal living room into a master suite with private full bath. I plan to rent it out for cash flow. But does such a conversion add or decrease value/appeal for...
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I've got my hands on a deal in Kitchener Ontario for a single family home at a sweet deal and ready and zoned for conversiontowards a triplex, in Kitchener, Onflip this property and make over $100,000 + in 6 months or...
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What are your opinions on renovation of apartments to condos?
Basically, gutting out the entire thing and upgrading it all. They tend to sell it way less than a typical condo.
Do you think renovations such as these...