What are the tax benefits of having my company own the property instead of me owning it? How can a LLC save me money on taxes?

I am in the process of closing on my first deal and I can't stop thinking about lining up financing for my 2nd!

Here is my situation:
Starting on May 1st 2012 I rented two spare rooms in my personal residence. I had ...

I'm putting together information so my CPA can file my taxes without having to do ALL the work. I have my business related expenses sorted out on a spreadsheet. Is there anything else I can do to make her job easier (...

Struggled with the title. Like the title says I was pre-approved for a $235k FHA loan without a property in mind. Theoretically, I find a duplex worth say $280k, with a tenant in one side paying rent. I go back to the...

I am new to the concept of bonus depreciation and trying to get a better understanding. In the first year of business (2023) should I use bonus depreciation for improvements, furniture, irrigation, landscaping? Can I ...

So I just had an offer accepted today on a 2 bedroom 2 bath SFH. I have a friend who is going to be renting out the second bedroom from me. I know when you live in one half of the duplex and rent the other you're able...

I purchased a duplex (or double) in Indianapolis in 2019... near the Indy Motor Speedway and 1 block off main street. The property is a double with separate addresses and separate roads/driveways (instead of being sid...

I’m in process of learning how rental properties tax deductions work.  One item I see is properly management.
If I manage my own property, can I form a LLC as a property manager with myself as the employee?  In essen...

Hi everyone and TIA for reading this, my name is Breyan (Bre-on) and I am new to BP but so far am loving the forums and podcasts. First a little background on my wife and I. We are both 28 years old, both currently wo...

Hey everyone,

I just recently purchased my first house and I will close in about a month. The house is a 4bed 2 1/2 bath. Me and 3 other friends will be moving into the house.

Now my questions is, the rent that my ...