David Holland
Baltimore city rental in S-corp or LLC
Can anyone explain why I would hold a rental in Baltimore City in a LLC as opposed to an S-corp? I was told at the local REIA not to use a S-corp. I'm paying cash for the property but may do cash out refi next year to...
Brad Hillman
Tax advantages from LLC
I currently have three rental homes in Colorado and two duplexes in Minneapolis. If my occupancy rate is up I have good positive cash flow. I'm looking into LLCs and the advantage of one LLC for all properties or ...
Alex Gerasimov
Oklahoma LLC
Is there any LLC tax requirements for Oklahoma. Is there any specials rules for Oklahoma that i must know that might hurt me in the end? Should i even bother in real estate LLC in Oklahoma/Thank you
Tim Kaminski
Hello Everyone!
Hey guys,New to BP and REI but I am finally focused on a career path and that is very exciting for me. I hope to learn as much as I can through this site and maybe meet some friends! Looking forward to getting start...
Jenna Y.
Help with switching ownership structure from Joint Tenancy to Tenancy in Common
Hello - I'd like to change ownership structure for a property (my first deal) from Joint Tenancy to Tenancy in Common. Same owners.Looks like I'll have to do the following. Is this correct? Grant Deed: Fill out, notar...
Dave M.
Newbie Needs Deal Analysis Help
Hi all,I would like to get into property ownership and have a potential deal that I'd like some feedback on.Property is SFH that is occupied and renting at $650 / monthOwner is asking $35K.Taxes are $800 / yr and insu...
Account Closed
Accountant in Houston
I started flipping and picked up my first rental last year. I need to find a new accountant. I'm looking for someone in Houston, TX. Preferably someone on the West Side.
Daniel Elson
Out of State Motivated Seller Can't Get Live-In Son to Cooperate
New agent needs help. Listing expires March 2015. The owner wants(needs) to sell but her son lives in the basement and is collecting rent from the tenants in a single family home (renting out rooms). Tenants are more ...
Manas M.
How to estimate repair credits?
So after looking for a while, we are under contract for an investment property in the Birmingham, AL area. I got an inspection done which came out, IMO, with no major issues but several smaller things like caulking, m...
Corbin Lane
Do I need a CPA / How best to get set up for Accounting
I've been renting out my home for a little over a year now. Originally I was hoping to get some help from a tax pro last year but with covid it got sent to the back burner. I'm sure I've missed a lot of deductions and...