Joe Lijoi
Tax treatment of LLC with no income but expenses
Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
Al Brown
Newbie Al from Hollywood, FL (South Florida)
Hi! I am a newbie from Hollywood ,FL looking to get into wholesaling. I currently and working on my real estate sales associate license but l have aspirations to own a property management company. I want to start with...
Shawn Krieger
are these good dscr terms - propert 2
TBD, LLC
No. of Properties 8
Quote Date 10/20/2023
Property Value $ 1,448,000
Rental Income $ 18,241
Taxes $ 15,319
Homeowners Insurance $ 4,150
HOA (if applicable) $ 0
The above information was used to calcul...
Mark Forest
Can lender demand payment
I want to refinance my mortgage of several years, but now I have retired. Now that I am no longer earning W-2 income can my lender demand payment? I doubt it, but it's a good idea to ask since I will be contacting th...
Jenni G.
Iffy about getting rid of property mgt co
Spouse and I own a townhome rental about a mile from where we live. We utilize a property mgt co. There are things the company does that drive me batty. When I get the monthly statement as I am opening it I think "w...
Ray Eason
Real Estate Wholesaling and Assignment of Contract in California
I have a question:I just got off the phone with a Real Estate Attorney (from Legalshield) because I wanted them to review some contracts for me to do some Wholesaling and Assignment of Contracts here in California.The...
Justin Stearns
Knoxville, TN Property Management Recommendations?
I'm closing on a property in Knoxville, TN later this month and looking for a recommendation from someone that has SFR's in Knoxville and really likes their Property Manager. Please share!! Thank you!
Account Closed
Better to invest in a fund or try to be a private/hard money lender?
I've been spending a good deal of my time on this site lately looking into what it takes to being on the lending side - private / hard money lending, investing in notes, etc... Seems like there are a ton of legal r...
Judd Campbell
Well to do friends want to give me money to invest in RE
So I have been doing well with buy and hold properties and I talk to my friends about it. I have even debated selling a car to purchase another place or two. Friends from the automotive world have expressed an int...
Matthew Dunn
Smoking Tenant & Security Deposit?
Dear Fellow BP Community, I'm a new landlord and recently served one of my inherited tenants a 30 day vacate notice as I'm doing substantial improvements to the apartment. She just left the property on Sunday and I di...