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I've recently moved back to Pensacola, Florida and I'm helping my friend by rentals in Baldwin County, Alabama. Helping my friend has reignited my desire to take action for myself in real estate. HOWEVER, I don't know...
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Looking for a book keeper who is well versed in investment real estate in Missouri. Series LLC in MO files as a C-Corp. We have 11 properties, 14 doors (8 SFR 3 Duplexes). Been keeping the books in Excel since creatio...
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I have an AirBnB in Okaloosa County, FL. AirBnB automatically remits taxes when a guest books. Their disclaimer states they pay all city, county, and state taxes on our behalf. However, Okaloosa County’s Clerk of Cour...
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Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
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I’ve recently been researching residential assisted living whereby you purchase a large home and move elderly tenants into each room but then also provide home health aides 24 hours a day. Has anyone here had experien...
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I'd like to start by introducing myself from Nashville TN. I'm new to the REI world and to BP. I have been exploring the site for a few weeks and it has quickly become my new daily reading and mentor. So thank you all...
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Hello all,I've been flirting with real estate for a long time but due to my low earning potential, thus far I have never felt comfortable taking on the risk. My brother, however; is a lawyer and earns around 700k a ye...
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So I posted earlier about trying to evict some dead beat renters. And everything that I have to say today will directly follow my previous posting. But I started a new discussion because of the questions that I have t...
Okay this is THE most important and slightly lengthy topic that confuses and baffles most, but fear not! For I shall attempt to simplify this topic as much as I can for those starting out to help in building a better ...
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Hello All, I am going through growing phases in learning how to properly invest in real estate. For the last 12+ years i purchased properties and turned them into rentals as i switched duty stations in the military. O...