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Here is my plan. Cash out refi my paid off primary residence for 150k & purchase a foreclosure w/pool for 129k(BRRRR) that needs a new roof & probably 5k in other repairs. Zillow has it valued at 234k but I do...
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I purchased a rental property in 2009 and had to do major remodeling before it was ready to rent. I do not have an accountatnt yet but planning on looking for one to have my taxes done this year. This is my first ren...
I’m new to the site and new to the world of investing in real estate Looking for a way to get to financial freedom and have been reading old posts on BP, listening to podcasts, and reading as many books as I can in o...
Hi guys
Is anyone here a foreign owner of US properties for the purposes of rental?
I have gleaned some information in order to optimize taxes within the US but how about owning from abroad?
The main taxes that mig...
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Hello everyone, I am just starting out in the world of real estate investing and I wanted to choose a strategy that both created long-term value for the communities around me and provided for my family. I believe that...
If someone can provide sage advice to a novice, I would be grateful.
I live in Colorado, opened an SDIRA in Ohio, but would like to buy rental properties in Indiana. I've read its wise to use an LLC for rentals, l...
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Just curious how rental property investors structure their business. Would like to learn what the best business structures are for rental property investing.
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I’ve been doing fix and flips for a few years but I had my CPA tell me I should open a different LLC for every property then close it when the property has sold. Thoughts?
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Hello,I bought a condo last year and financed it under my name. I had read that it made sense to have the rental property in a LLC to minimize liability. What's the best way to accomplish this now and what are the imp...
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Should I become an LLC? Pros and Cons? I have two rental properties in Massachusetts. I am wondering if my legal responsibility will increase if I get a business license?