In the middle of buying out partner (50:50 partnership) in a mixed-use owner operated Gas station and real estate property. Buy out would be of two companies, first is operating company for the Business operations of ...
As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear fee...
WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...
I’m starting out my REI journey this year and came across roofstock.com. Has anyone had any experience using this site to buy any rental properties? Not having looked into it too deeply yet, at first glance seems like...
I'm Vincent, from Orange county, California. I'm here to learn about about REI.I have set some extra cash for investing in buy-n-hold SFRs, and would like it to be as passive as possible. I have done extensive readin...
I am looking to purchase my first long-term rental property. There is so much content about BRRRR, rehabbing and flipping but not to much on the pros and cons of turn-key properties especially for rental properties. D...
Hey BP'ersI am starting in REI via Turnkey route. I put an offer on the house in Cleveland. On Saturday I received the inspection report and few items made me think, WTF kind of TK job is this? Here are the items of c...
Hi. I currently do all my real estate investing through my Self-Directed IRA LLC. Consequently, I don't need to report my income since it all goes back into the IRA. Up until now, I've been investing on my own, but...
Hello Guys,I have an umbrella LLC in neveda and I have 9 properties total that is included in this LLC. My CPA just billed me for $4650 for Tax preparation for management LLC. Isn’t this too much?Thank you in advanced...
Hey everyone!
I am curious about the costs and pitfalls of converting a large open space (2 floors/13,000 sq ft each) of meeting space into office space for lease. The price on the building is very cheap, but that i...