I am considering buying a Florida vacation condo rental. As part of the consideration, I am trying to figure out how I can get the largest tax advantage. Is it better for my wife and I to purchase the property and ...
Hi Everyone! Just starting out investing in real estate (my goal is to create a portfolio of rentals). Would you say the first step before finding any deal or even researching how to find a deal is speaking with a CP...
I have my personal home under my name and am considering putting it under an LLC, I did research which took me further into considering putting my own home as well as any rental properties I own in an Anonymous LLC. T...
Hi everyone, I recently got approached by a company called find dream rentals. They help you find short or mid term clients. Something does not check out. 1) the reps have very American sounding first and last name bu...
Hello BP,
I have recently started fully researching my market for deals and I've come across a 2/1 SFH that is distressed. I researched the property and located the owner but it is a company that isnt really a compan...
I have always done my own taxes using the forms off of the IRS website. I was considering moving to tax software this year. I would love to hear recommendations for the different programs that are available. I a...
Good morning all, I have formed an LLC out of state in order to insulate myself when buying mortgage notes. If I put that asset in the name of my LLC and receive payments through it, I am assuming I will have to pay s...
I am buying my first rental property. I have no dept and my net worth is about 150K, and I would like to keep it that way. Questions are 1. Do I open an LLC to protect my personal assets? If something should happe...
If you are an out of state investor buying a commercial property in Tennessee do you have to pay income tax or not??
Does it matter if you hold the LLC in a different state but purchase in Tennessee versus setting up...
He is very active on the Marketplace asking for private money for flips (as recently as 2 weeks ago) and has been active for several years. After a year of communicating with him and doing research on him (but obvious...