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I'm a 17 year old looking to avoid the typical route of going to college and getting a 9-5, In the last 6 months I've tried a multitude of things. I started out just researching a lot of "side hustles" and different o...
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I’ve been talking with several property management companies to manage a property out of state and think I have identified one that I like, has great reviews and one I have an overall good feeling about. The only issu...
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Hi guys, I currently have 3 properties which together is 7 doors. Currently I have all of them under my name, is that fine or is it something I should get with a CPA about and get them under an LLC? Mainly for tax and...
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Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
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Below is list of preliminary questions I plan to ask various property management companies in my market this week before choosing one to manage my multi-family, value-add property (once I find and close on the deal). ...
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I was contacted to help manage a STR in my market which is Midwest WI as I already own and manage 3 of my own STRs and am doing well with them. Their property has a TON of potential and I can envision it being a great...
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STR Life- Remitting Tax
I got a good question for the BP fam. If you are a STR operator how do you deal with remitting and paying tax? Now, if you do not use a PMS and only have a few properties or only operate on A...
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Hi everyone! My name is Marlene, and I am a new investor. I currently live in Jonesboro, GA which is approx. 20 minutes south of Atlanta. My family and I moved to GA from NY, and have resided here for almost 10 years....
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I am looking at making an offer on my second investment property. It is a 1920's built unique 2/1 upstairs, 1/1 downstairs, recently renovated, and in a good neighborhood. It just got back on the market after the de...
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Quick question on those who have done seller financing:
- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 9...