Hello, I hear that choosing an S Corp election on an LLC is the way to go to avoid extra taxes like self employment tax. I already have an LLC. Do I need a CPA to file this election for me?
TL;DR - is a/c alternatives to window units a strong selling point to potential tenants?So in March I purchased my first property. I have a lot of student loans so I decided to house hack in a single family home in an...
Hello BP community! I have a not-so -quick question for you guys and gals. I am looking to move out of my current home into a new home and turn my current into my first rental property. I am looking at a home in the n...
Hello, BP community! With inexperience, comes questions. First off, I'm glad to recently become apart of this community. I look foward to recieving advise from all. My question is: should I start with an investment pr...
Hey everyone! My name is Chris and I live in the Washington, DC metro area. I am relatively new to real estate. I guess you could say I come from a real estate "family". Before he died, my father had a long career...
How long do I need to rent out my townhouse in California before I can use it in a 1031 exchange?
Hello guys,So I have a property I want to rent it to a section8, rent will be 900$ a month, she gave me her RTA packet and the TNQ rent burden worksheet which I have attached.However, it says that that the "Maximum Su...
Is it legal to actually send these 15-day Pay Rent or Quit notices? Obviously the tenant can just send back the declaration, and thats the end of it. But what if the tenants just ignores everything? It seems that tech...
Hi BP,I am a fairly new investor and have a SFR rental property that I have managed all wrong. I am currently in the process of evicting the current tenants. I would like to hire a management company to manage to pr...
I am thinking of flipping this house you see here on attached pictures.... I feel that the addition is a little out there but none the less every house cant be perfect and it does make for a great family room with vau...