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I've talked to accountants and tax agents and no one seems to think this is a normal situation, but my understanding from the BP world is that people do this all the time - am I wrong? I want to own my properties in s...
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Hi, I own three properties with eight units (we live in one). The first property has three units, the second property has three units, and the third property is our primary residence with a unit. We have decided to no...
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I established a llc and opened a checking account in the llc. My accountant ask if I had another account for security deposits. Is this a requirement.
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Hi all - I'm looking at an investment property in St. Pete. Neighborhood Suburban (NS) Zoning - so newly eligible for a new ADU build. The property size meets the requirements for NS to add an ADU under the recently a...
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I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?
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Hello biggerpockets,I am trying to understand all the potential *legal* issues I can run into by trying to split a regular single family home that is zoned as such into essentially a duplex with 2 separate tenants, on...
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I'm looking to buy a house which I can rent out the main house and live in the guest house myself. I see these types on houses in California but I have not found any in Florida. Do they exist in Florida? if so in whic...
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I'm considering renting my home and moving. I have a detached garage apartment that I have rented via Airbnb. Can I rent to separate parties? The utilities are included with the house so I know that will likely nee...
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Hey Everyone,
Looking to get into my first rental property. This is a legal two family property tha...
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I have an interior doorway/door that I would like to seal off to make the room on the other side more private. I'm thinking at least for the next 6 months to year, but maybe longer. I would like to leave the existing ...