Hi everyone,I'm using a FreeTaxUSA to file my taxes. I currently own one rental SFR, purchased May of 2018. I did an online cost segregation study through KBKG. I was able to break out my depreciation based on the 5/1...
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
so I have good credit, but even with a personal guarantee, Lowe's would not give my business a line of credit..how do you start getting credit for a new business when even a place like Lowe's willl not give your new L...
Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...
Many people would like to invest in real estate but either they do not have enough money for a down payment or they do not want to lock their cash into a property purchase. It is possible to buy property with no money...
Okay fellow Big Pocketers, I got myself into a big pickle. I hope you can help!
I recently purchased my first deal, a three unit rehab (in Hawaii so don't be alarmed by the numbers I'm about to share). We are going t...
I have a tenant that owes me about $30K in rental debt in San Diego. I will pursue through small claims court after March, 2021. The problem is this.1) when tenant moves out, they don't have to provide me a forwarding...
This might sound like a strange question, but I plan to use my personal cell phone to take applicant phone calls for the LLC (which I currently do for properties that I own in my name). The bill is in my own name, of ...
I was speaking to my niece today and found out she has a property that she doesn't care too much about. Not too long ago she was willing to lose it because she owe's more than what its worth. At the moment it has tena...
Hi BP, little background: currently own and renting out a triplex, the property mortgage is tied to my name ( No trust, corporation) holding the property. Now my current plan is to purchase more rental property, how...