I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...
Hi there, first time poster, long time listener of the podcasts. I'll get straight to the heart of my question: I'm losing money on an investment property which, according to market prices, *should* be very profitab...
I have a hybrid arrangement with a property manager. I am marketing the property to prove "material participation" and they are too. They require each STR guest to sign a rental agreement. I would like to do that t...
Hello everyone! It's a pleasure to be here, my name is Nataly and I recently relocated to central Florida. My husband and I are interested in getting into real estate and have been reading and listening to everything ...
I had my first rental open house last Sunday between 12-2. After getting tons of interest I decided that was going to be better then individual showings.This house was freshly rehabbed so it was in demand. I had nearl...
Hey-What are you guys doing with this terrible anti flipping rule being back into effect this year?My houses are generally done in 2 months and now I'm in the awkward position of having to decide whether to:A- list th...
Hey there Bigger Pockets community! My wife and I have plans to build to build a 3BR single family and an 2BR Accessory Dwelling Unit(ADU) on one of the lots we split recently. Our plan is to use the ADU as a short te...
Hi all, I am looking for a PM in Little Rock and surrounding areas. I would appreciate some recommendations. PM's I have vetted so far: Solid Rock (Tina) said they do not accept properties build before 2000 at this ti...
several years ago my parent build a cabin in Montana that they estimate is worth and would sell for 750,000 to 800,000. This is there primary residence, and are married so they would be able to keep the first 500,000 ...
Background:
-Male in late thirties.
-Own several rental properties in the Seattle area.
-Interest rate on currently primary residence/house is 3.25%, no PMI/MIP.
-Tax bracket is 32%.
-Mortgage payment is $974 a...