I am looking at properties with plans for purchase in the next 3-6 months.  Should I go ahead and get an LLC before I purchase/make offer or can I add property in later?Thanks for your helpApril

Hey Biggerpockets!I am looking for a new insurance provider and stumbled upon RealProtect, a division of Norton insurance, and the rates/coverage is pretty darn good! I was just wondering if anyone here has any experi...

Experienced something for the first time today with a REI jerk that came in at the last minute and snaked a deal I had been working on for two months. Had a SubTo contract signed back in February and escrow opened on ...

Hi! I've talked to 2 CPA's and have received completely different information, so I'm hoping someone here can clarify!I have purchase a SFH (with hard money) that I intend to live in and share with renters (house hack...

I guess it had to happen, after ten years in the business.  Just got notice of our first slip and fall lawsuit.  The tenant was at the time being evicted for non-payment of rent, was evicted, and now, about six months...

An older friend died who had a daughter. She had no will and claimed she "signed her house over to Medi-Cal in order to receive benefits. The tax role says it's still in her name. The daughter has not reported the dea...

Hi, My name is Joshua Pavon. I have 2 questions. Question #1: I currently own a rental property that is under my personal name but would like to switch it under an LLC without losing the 2.8% rate that I currently hav...

Hi guys,I need your advise. I have a tenant thats out of the country in Iraq. He gave me 30 day notice via email that he was non-renewing the lease. I accepted his non-renewal. He never came back into the country so I...

Every Podcast tells me the answer is yes, however every time I talk to my accountant he says that depreciation isn't always worth claiming.     He mentions that when you go to sell the property or if you pass away you...

Has anyone used WealthAbility? Worth the money? Did you get good advice? Thoughts? Any other tax strategist referral?