Sammy Lyon
Calculating Depreciation on a Low-Priced Property
Hi BP sleuths!I wanted to share this tax question here, I was hoping my accountant could help but he didn’t seem to have much advice about this. I’ve got some choices to make about depreciation on a rental property, a...
Andrey Goretoy
Limited Partnership Legal Structure
I have a silent investor offering $200k in funding. He is not interested in day to day operations (too busy with other prospects) and does not want the headache of paperwork. We are going to form a Limited Partnersh...
Justin Goodrich
Tokenization of rental income
I've been thinking about an idea and I wanted to post it on here to see if it would add value in any way. If there was a platform in which you could issue blockchain tokens (Ethereum, Cardano, Matic, etc), with basic ...
Star Reid
First deal closing in mid april - now what? HELP!
Boy am I jumping into an unknown field here. I’ve done all the research on the front end of how real estate works (like running numbers, knowing loans, and the process of buying the home) but none when it comes to man...
Jeff K.
Cabin Purchase with Parents - LLC or Not?
Hello, long time reader, first time poster.Spouse and I are looking to purchase a cabin with my parents. Planning to share expenses, mortgage, etc. until parents pass away, at that time they want this to be our "inher...
Grant Shipman
Know about the Freddie/Fannie changes to the "due on sale" clause
There were changes made to this issue w/in the last couple years. They concern being able to transfer a title into an LLC w/out the due on sale clause being enabled to be exercised by the lender.
Eric Simich
Tenant In Common (TIC) Investing
I have come across the topic Tenant In Common (TIC), many times, while researching REITs. How does one become a TIC investor?How does one find a TIC?What are the added benefits/disadvantages of becoming a TIC investor...
Henry Clark
Self Storage- Customer Insurance
Well it rained, so that is great. We were bone dry. Can't do any dirt work at our new Self Storage site today. Here are some notes on Customer Self Storage Insurance. Enjoy sharing our experiences whenever we have dow...
Karan Shah
Joint Tenancy Part Owner Occupied Rentall
Let's say I was planning on buying a property with my brother suppose for $1M. Let's say we were going to operate on a joint tenancy basis (at 50/50)If the plan would be that I would stay in a part of the property and...
John Geldert
How to decide lien position with two private lenders
I have found a deal and it will be purchased with a partner as a JV. Now if we both bring in private money how do you decide who gets 1st or second position? I currently have an LLC in which the house can go under. A...