Drew Whitson
Owning a vehicle in my LLC: Tax Questions!
My wife and I have an LLC which holds a small portfolio of single family homes. I am considering purchasing a vehicle to be titled in the LLC. My thinking is that the deprecation + gas + insurance + maintenance i...
Joshua Kaufman
Commercial Late Fee calculations
I'm having an issue with rent collection from a commercial tenant. I offer an online payment portal to submit rent payments via ACH or CC - they "couldn't figure out how to use it" so I set us up to accept Zelle payme...
David Krulac
U.S. Home Flipping Increases to 11-Year High
U.S. Home Flipping Increases to 11-Year High in 2017 With More Than 200,000 Homes Flipped for Second Straight Yearhttps://www.attomdata.com/news/home-flipping/2017-...
CJ M.
DSCR coverage calculation?
This may have already been covered in another post already (my apologies if so), but from my experience, the DSCR calculation is a bit taboo with some lenders. Many calculate annual expenses differently (personal and ...
George P.
Can I pay fees associated with my SD IRA/ LLC IRA ?
I get different interpretations whether it's allowed for an IRA owner to pay custodian, processing, LLC setup fees and other fees incurred by the SD IRA or LLC IRA.
Can someone set the record straight and advise if it...
Johann Jells
AirBnB disaster in SF: "customer" get legal possession of unit!
A "customer" who turned out to be another owner in the building rented the apartment via AirBnB under a false name and after being there more than 30 days gets legal possession of the rental under SF law and cannot be...
Bill Kramer
How are YOU paying yourself?
As the title says: How are you paying yourself?Do you take a flat % of what's left over?Salary plus bonuses?Or the pirate method: everything left over after the Bill's are paid is yours?Personally I find that giving m...
Rosalind T.
Creating a Series LLC structure for RE Investing
Hi BP community,When setting up your initial LLC for your investments, has anyone ever used a Series LLC for the ability to create multiple separate series under a main LLC? My understanding is that this is possible i...
Brendan Moehn
Digging out entrance for basement apartment
I am currently looking for a personal residence and would love to be able to house hack, however duplexes are essentially non-existent where I will be moving.My question is: Is it reasonable to dig out a back entrance...
Matthew Kurtz
Starting an LLC in Louisiana
Hi guys,
I wanted to ask if anyone had any advice on forming an LLC in Louisiana? I have a rental property that I want to put under the LLC and need advice and recommendations on lawyers who are very helpful with thi...