I am currently buying a Personal Care Home. I have about 90% of the price we agreed upon (200k) of the land contract paid off. I am currently running the home and it is profitable. After it is paid in full, the deed w...

Hey All,As a landlord, flipper or any other niche you might be into, would you consider having existing conditions such as floor plans, site plans and mechanical plans be an benefit to your business. I notice many com...

Hello Everyone!I have two rentals in Memphis. Both are 3BRs, and they both have Section 8 tenants in place. One home is being rented for $1100/month and the other is getting $1250/month. Both homes were purchased in c...

Good morning everyone!When I was getting out of the military, I had to take a week long course that showed what benefits were out there for Veterans. One of those benefits was owning a Small Business, and the VA be...

Question for the BP community. I just purchased a 2 family home in the Bronx (NY). Should i form a LLC and collect rents under the LLC? Is there any benefit to that? The property is in my name and transferring the tit...

Hey all, I've been looking for the data to support this but it's hard to find at the moment. I'm wondering what improvements would you guys consider the most important and which improvements increase the house value t...

This is my first time on bigger pockets. Hoping I can get some basic advise on the tax benefits of purchasing a rental property.  We (my wife and I) have planning on purchasing a property, renovating and renting. I've...

I have heard a few people make mention of buying a home by securing a 30 yr. conventional mortgage in their name and then quitclaiming the deed to their LLC or other entity. Has anyone actually done this and can speak...

Are there any differences in tax implications for various mortgage types? For example, if I have a primary/second home mortgage on a property that I turn to a rental property years down the line would there be any dif...

This may be a silly question, but when selling a home on lease option, would I as the owner/landlord still be able to take depreciation, and write off insurance, taxes, etc?Thanks!