![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/159639/small_1621420200-avatar-mhapple.jpg?twic=v1/output=image&v=2)
I live in NJ,d and I am buying a house in Michigan for a SFR. Do I start an LLC in Michigan? Do I use a NJ LLC?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2905656/small_1712526874-avatar-aprilb132.jpg?twic=v1/output=image&v=2)
Newbie here. Just bought 1st SFH for LTR that is currently being renovated. I am going to get an LLC for business. Still deciding if I need to place property in it. I reached out to local attorney for LLC, rental law ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1648165/small_1692883908-avatar-kylecurtinre.jpg?twic=v1/output=image&v=2)
Hi everyone, I get business cards from hard money lenders at meetups all the time, is there anything I should be aware of with these people or anything “sketchy” that they can do if you work with the wrong ones? T...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/636618/small_1694688346-avatar-nathanc45.jpg?twic=v1/output=image&v=2)
Hello BP,
I’m a recent graduate in economics and I’ve been studying RE investing for years. However right now what I need is a career, my girlfriend and I are living in Kona, HI doing a work trade (that’s how we move...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/941288/small_1694565296-avatar-maryjay.jpg?twic=v1/output=image&v=2)
Hey guys, I was wondering if any of the professional property managers could share with me what online tool do you use to collect payments online from tenants?Ive been using one company as a landlord and its been fine...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/41762/small_1621406991-avatar-ewa.jpg?twic=v1/output=image&v=2)
A tenant’s guest shoots and kills someone at the rental property.
Another tenant threatens to behead the landlord.
And a third renter runs a prostitution ring out of the unit.
In each case, the landlord pursues an ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/120827/small_1694913463-avatar-frozencucumber.jpg?twic=v1/output=image&v=2)
I am trying to understand the implications of the IRS not-for-profit rule.
Let us assume:
- I have a group of rentals
- Each of these rentals shows losses for Tax purposes (rental income less: pro...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1262712/small_1699523073-avatar-derekd93.jpg?twic=v1/output=image&v=2)
I have been an avid fan/listener of the BP podcast ever since I decided to jump into real estate directly out of college nearly five years ago. I look forward to podcast releases on Thursdays and have listened to most...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2618887/small_1671034739-avatar-karimk24.jpg?twic=v1/output=image&v=2)
Hello BP community,I'm currently a college student in Boston and would love to get started in REI. I've made a plan to save up money while in college to buy my first House Hack once I graduate. I still wanted to get s...