William M.
AirBnB Income Calculation Spreadsheet
AirBnB Income CalculationsStarting out in 2018 I rented out rooms in my house. I got continuous traffic, albeit small potatoes, but besides the joy of meeting interesting people and hosting, the greatest benefit was 5...
Account Closed
Forming an LLC out of state, living in California
Hi all,
Firstly, I would like to ask if anyone has a good real estate attorney reference in California?
Second, can someone help me understand costs around forming an LLC out of state while I live in California. I k...
Lee L.
Stessa vs. Landlord Studio, vs Quickbooks.
Does anyone have any experience with Landlord Studio and or Stessa? Pros/cons over quickbooks?
Jack B.
What is your goal in real estate investing?
Mine was initially to build financial independence. I did that, but am still in the grind trying to build more wealth. With full time work, grad school and a rental business, I'm wearing out. Last night I thought, wha...
Kevin Charles
How much is your deductible?
I am looking for ways to decrease my expenses. I am considering increasing my deductible for my Landlord insurance on a duplex. Currently it is $1000. Is this about average for other landlords? What do other rental pr...
Crystal Ribail
Apartment owner selling with a 600k gain want to know options to reduce tax liability
Apartment owner selling with a 600k gain want to know options to reduce tax liability. Background the apartment is a 26 unit and want to understand my options to reduce tax liability. I would like to get into notes po...
Harrison Payne
Funding/Loans and LLC's
A few concerns I have are funding, as well as starting an LLC. I am definitely wanting to start an LLC, but my question is, do I need to create one prior to having my first deal, and will I be able to add previous pro...
Dylan Dell
Wholesale Tax Implications
Hello All,
Just a quick question for the seasoned wholesalers out there. I'm wondering what the tax implications are specifically for wholesaling and which forms are utilized. Obv- my best bet is to touch base with...
Jessica Jay-Maleski
Loans in LLCs and Personal Credit
Hello, all! I am currently in the process of refinancing my 4-plex along with buying two more rental properties. All of these loans will be in the name of my LLC (and the properties will also be owned by the LLC) rath...
Brittany Alexander
Newbie 20something just getting started!
Hi BP family,
Thanks so much for the knowledge of this community! I am interested in learning as much as possible about real estate investing so that I can find my niche and work on some really awesome deals and proj...