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I know that when you buy rental properties it’s wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.However, let’s say you have 30 rental properties, 30 different LLC’s and 3...
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I’m in need of help, and an attorney recommendation in the DFW area, for issues with my GC.
Long story short, we’ve gotten to the end of our project and he’s demanding final payment. He’s got work on his invoice tha...
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Hello BP!One of my rentals is in an 18-unit condo building in an HOA. I'm always trying to stay abreast of HOA happenings, but the board doesn't meet regularly. I'm always calling the property manager and she tells ...
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First time poster here and seeking advice for something that I cant find much information on.
I am looking into getting my second investment property (first being a duplex). I buy and hold to collect rent. The proper...
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Hello all. I am seeking some advice in regards to using capital from friends and family who are interested in investing in my real estate portfolio but do not want to be directly involved in the day to day management ...
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Hello BP family,Could someone recommend a wholesaler friendly title company here in Richmond, VA?I would greatly appreciate your help!Thank you,Haider
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Just bought 10 acres at auction. The "seller" was the POA for the owner. The seller was the wife of the owner of the property. The owner has dementia. Originally this couple went through a divorce and the property was...
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Quick question and help needed from the tax pros/gurus in the audience. Thank you in advance. I have two long term rentals. I am not set up as an LLC. In 2023 I paid one contractor slightly more than $600 for HVAC w...
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How do you calculate depreciation for a residential property?
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My wife and I started doing some marketing to find off-market deals under an assumed business name (we registered the business name using our personal names). We are now setting up an LLC to do business under...we wi...