Kayl Kam
LLC, CPA, depreciation, tax write off - Rookie turning residential into rental
Hi all,I am planning to turn the current residential property (SFH, 4b/3.5b) into a rental since I am relocating to another state. I put 5% down 2 years ago (conventional loan with PMI), fixed interest rate of 2.875%,...
Lisa Green
Tenant background & credit screening
Looking for your opinion ... I've been using the same background/credit screening company for years and it's time to end the relationship. I'd like to have complete criminal history (county level), eviction, and comp...
Josh Eitingon
Just Closed- First Development Project
Hi All,I've been a multifamily investor for the past 4 years. With each deal, I have syndicated them in some way shape or form. They have ranged in size from my first 20 unit which was bought and sold recently to 70...
Shawn Fletcher
Rule of 55 401K Withdrawal
Hello,
Can anyone recommend a financial advisor who really knows the in/outs of "the Rule of 55" for early 401k withdrawals"?
Key Points
The Rule of 55 is a loophole that allows for early withdrawals from workplace...
Gunnar Brown
Starting Out with or without a LLC/SCorp???
Good morning,I am seeing a lot of reference about LLC and my business being thrown around. Before i get started with my first investment property should i start a LLC or S Corp. What do you gain by doing this? Does...
Account Closed
What are your favorite building materials to get second hand?
I went to a second hand building material store for the first time today. It seems to me like it could be a good option for cabinets, tile, countertops, and maybe plumbing fixtures. Has anyone had success regularly ge...
David Hays
Sacramento Planning 10,000 More Units - How does this affect you?
Caught this article a few days ago from the SacBee:Sacramento Launches 10,000 unit Downtown Housing IntiativeFor those investing in the Sacramento market and willing to share, I
Ashley Cann
First time screening tenants - need advice
So, my husband and I finally finished renovating our basement into a two bedroom apartment. We have one application so far, 2 young men, 22 and 23, first time renters. One of them has good credit, the other not so g...
Corey Demuth
quick question about tax deed sales - not sure what these numbers mean?
I am looking at some listings for tax deed sales. here is what i see in one of them:
"
Judgement Date
09/17/2009
Order Issue Date
10/29/2009
Case Style
COUNTY, ET AL VS NAME, ET AL
Legal Desc.
LT 7 BLK 3 LIBERTY...
David Martin
Free & Clear (assuming) and Deceased Owner??
Greetings:I'm new to BP and I have taken action by canvassing my local neighborhood and looking for opportunities. Question... I ran across a property that has been vacant for nearly a year. Grass about 4' high in ...