Theresa Perez
Buying your own flip?
Hello !Hoping someone can help, I will ask mortgage company this week but hoping for some insight now; My husband and Father in law own a corporation , they have purchased a home to flip using money from a hard money ...
Justin Tahilramani
Converting Finished Basement into an Asset
Hello Fellow BP Members,I am a recent transplant from NC to MD. I am wondering how many of you have turned your basements into income producing rentals?I am an experienced investor and Real Estate agent (Licensed in M...
Riley Brown
Introduction/Looking for first investment!
Hey everyone,I’m 21 years old and I’m from Seattle, Washington! I absolutely love Real Estate and want to get started as soon as possible. I have a sales based internship this summer, and I am heavily considering bei...
Benjamin Zwiebel
Airbnb vacation rental - how do i know if its a good investment?
Hello all, I have been reading the books and listening to the podcast for a few months and they all say that now is the time to get involved in the forums so here I am. Okay, so here is my question. I am looking at do...
Nick M.
How to deduct personal labor as an expense for a rental?
I purchased a rental property in 2009 and had to do major remodeling before it was ready to rent. I do not have an accountatnt yet but planning on looking for one to have my taxes done this year. This is my first ren...
Shawn H.
Tax on master lease...
A family member wants me to manage their properties for them that they hold in a corporation, but legally, I don't think I can do that because I'm not a real estate broker. So, after some brainstorming, it occurred t...
John Boby
Purchase my Personal Residence under LLC
I am planning to purchase my Personal Residence in California under single member LLC and rent it to my self. Since I can not deduct my local tax from my tax return more then $10,000/ year. Any recommendation?
Nathan Reed
Any benefits of starting own pm company
I own a single family home that I rent out to my brother that I do not use a property management company for. I want to buy another house in the area to rent out. I’ve thought about starting my own pm company with my ...
Alan Suen
Name of LLC or Address on Schedule E
I have multiple rental properties held in a single member LLC. Can I just put the name of the LLC on Schedule E and report consolidated financials or do I have to separate each property out with its own address and ow...
Cj Yu
Is an Ohio LLC renting houses in Penn required to file tax with Penn?
From this site, it looks small LLC does not need to file sate tax:https://www.dos.pa.gov/BusinessCharities/Business/Resources/Pages/Foreign-Limited-Liability-Partnership.aspx"Under the U.S. Supreme Court's Wayfair dec...