Richard Lee
Does conventional loan limit apply to a couple or individual?
Hi BP,My wife and I file tax report together and we are thinking to take conventional loans individually w/ the hope go beyond the limit of conventional loans. The questions I have are:- Banks can see all our rental r...
Daniel Rozen
How do you buy RE through LLC?
Hello BiggerPockets,
i recently bought a property in FL and it was all done in my name (i.e. mortgage, deed etc). I rented it out and have positive Cash flow. Im looking at another property, but the question now is h...
Kim Hopkins
Incentivizing Broker with Extra Commission to Rent Space Faster
Hi Everyone,We have a large (25K SF) tenant who currently occupies over 50% of one of our properties and is behind on over 3 months of rent. We will probably demise the space into 5k - 11k SF units going forwards. We ...
Johann Jells
Advice on restructuring into an LLC(s)
My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
Sahil Parmar
2% Rule and applicability to CA
All - Newbie here. And I am sure this has been discussed before. But how do experienced investors use the 1 or 2% rule to a market such as California? What are the typical rents you would expect (as a % of purchase pr...
Khizar Hanif
Managing finances for flips
Hey guys, I have my second flip under contract and plan on growing the business. Since things are getting more and more complex, I need to figure out a system to keep things organized and stay on top of accounting. Ho...
Amir Saeed
Best Method of Payment
When rehabbing a property we occasionally pay using company's check. In a recent instance we needed some work done and we chose a single entity who can perform this work. He required us to pay some deposit for wor...
Jeffrey Mayer
1031 Tax Strategy, LLC, and Self Directed IRA OH MY!
Hey BP'ers,I have a few questions regarding the tax/ income implications of some buy and hold real estate. I want to emphasize that these questions will be centered around buy and hold which is why I am beginning a ne...
Jason Thomas
How many rental properties should be held in a single LLC?
I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...
Sothea K.
Accredited Investor Question
Hello, Does anyone know how would I calculate an asset where there are 2 owners for an investment home? Do I account the entire value of the home or half of it?