Maria Bocanegra
Greetings from Chicago!
Just wanted to introduce myself here! I've been lurking, reading, planning and cannot say enough about how impressed I am with BP, the information available and most importantly- how genuinely everyone on here wants e...
Nick Thomas
Best LLC structure for a nomad who invests in multiple states
Hey BP! Need some help here. I currently have investments in 2 states (Michigan and Wisconsin) with plans to continue adding in more states to my portfolio. I live in Illinois now but have plans to move around in the ...
Victor Triana
Applying for a loan
I would like to start investing in real estate as an owner occupant, I just recently got discharged from the Marine Corps and will be using my VA Loan for a 0% down payment.I have a good amount of savings around $15k ...
Matthew Post
EIN SSN LLC 1099?
My father and I own 3 properties (6 units). Taxes are becoming more confusing each year as we have more properties, more repairs, contractors, interest, etc. What is the best way to file our taxes so everything is spl...
Roman Rytov
Buying first industrial (occupied) commercial property
I'm quite an experienced investor in the residential space (15+ SFR and duplexes) and going under contract with an industrial commercial space. My business rents itself and I'm quite familiar with the general terms an...
Jack B.
To sell rental or not to sell
Making about 6.8% cash on cash from rents after expenses. It's a 145K house and although the market is going up, it's small gains compared to my leveraged 500-700K leveraged houses. I've kept it to date as a fall back...
Gian Piero Bandieramonte
General Parnership and Inheritance Taxes
Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To...
Carlos S.
Quitclaim question
Property was quick claimed a few years ago to a corporation "ABC company" ,"John" and "Jimmy" owns the corporation 50/50 ...Now property will be Quick claimed to "Mike".....In the Quick claim who is the Grantor?
1- A...
Ram Peruml
Asset Protection, Financial and Tax Guidance
Hello,I own 2 rental properties in Northern Virginia. Our house hold income is above 295K. I would like to get guidance to protect these assets and future rental properties (buy and hold) as well as get a break from t...
AJ Wong
Short-Term Rental Financing: Guide to STR mortgage loans for rentalpreneurs
Let's dive into the short term rental financing process and provide you with the tips and tools to finance new STR properties anywhere and anytime.
What is STR financing? - Refers to loans and mortgages that cover t...