I tried to search BP for an aswer to my tax question to no avail, so I'm hoping to get some answers by posting here.
In 2012 myself and a partner rehabbed and sold 1 property in our own names, did well, and decided t...
Hi Bigger Pocket community,Assuming I should consult a tax/mortgage professional, I'd like to ask y'all for knowledge a guidance here. About me: I own a 2-unit house that I have been house hacking. I have a convention...
Let's start by saying I am a newbie when it comes to not buying or selling. I am trying to get a feeling for what makes a good deal or a bad deal and the different strategies when buying a non preforming note. I'm loo...
Hey Forum - I'm wondering if you have any advice/comments on how to handle a situation where a tenant who was delinquent also filed for Bankruptcy, I was just told by the PM that they received a Notice of Bankruptcy a...
My property manager is practicing real estate without a license in California. I checked her name against the CalBre database. If I file a complaint with the BRE, and they issue a desist and refrain letter, what hap...
Hello everyone,Long time listener/reader, first time caller. I'm curious about what everyone's strategies/opinions are regarding LLC's for their properties. I just bought my first investment property last year and am...
Hi, my husband and I recently purchased 2 duplexes in the north Texas area under our names. We are wondering if we should put the leases under our LLC as a way to protect ourselves? Is there any tax benefits for leavi...
Me and my wife have set up an LLC, and while applying for the EIN I was prompted to switch to a multi member LLC. Being that it's just me and my wife, should this be an option for us or should we run it as a single me...
Hello, all mighty board. I have two individuals who owe me money. One loaned $3K with the title of their vehicle to be held as a collateral. We have loan contract and it was supposed to be a quick loan, however the pe...
I am looking for advice on how to deal with a tenant who has not paid lot rent. We just purchased a mobile home park in NC and have acquired some tenants. Some of the lots have RVs. We have someone who has not paid...