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Hey BP friends,Backstory:I'm in process of rehabbing a 1920s house in San Antonio, Texas, which has a cedar post pier & beam foundation. The house is 1600sqft total with a second story being only 500 sqft. The fou...
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I purchased a studio condo in 2013 for 110K in Philadelphia (Fairmount 19130). I refinanced to a 3.25% 15 yr mortgage in 2014. Due to life, I moved out January 2016 and I'm currently renting it out. The monthly rent i...
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Hello everyone-
not sure if this has been covered but I would like to know how long would one have to stay in said property to escape Capitol Gains and within what amount of profits?
Also if someone pays taxs throug...
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I have a four unit building in Cleveland, one unit is an STR listed on Airbnb and the rest are LTRs. One of my LTR tenants is a heavy marijuana smoker and the smell is invading my Airbnb. I have now received numerous ...
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Hi there,I'd like to know where are the best opportunities for STR investors in 2024. While much of the US is complaining of saturation, where would YOU put your money?I have investors looking at building out portfol...
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Greetings BiggerPockets community! I have seen a number of posts for people starting out in the Kansas City area and am slowly contacting those with local knowledge (thanks in advance!). I'm ready to buy in KC as an o...
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Hello,I just wanted to throw this out there...Does anyone have any insight on banks, national or local, with whom I should or should not use for my business account? I have spoken with Wells and 5/3 but I'm kind of be...
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I would like to buy multiple SFH investment rental properties (think 100+). I've read mixed/conflicting advice on here about whether it's more beneficial to buy each one via LLC or would buying under my own name and s...
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BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
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Listmates,I have been doing STRs for a few years now , here and there in LA, Joshua Tree, and some of the mountain communities.I own an MTR in Los Angeles. Its not in the greatest area, it is north east los angeles, b...