Will Toress
Seeking advice on tax deductions for STR that's under construction
Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...
Account Closed
I am BiggerPockets Certified
Okay, between the podcasts and the forums it's clear that it is not easy to find good help, particularly property managers and contractors. We've all heard or read how instead of spending their time finding new dea...
Maurice Stewart
Creating an LLC (I think I did it wrong) Please Help!
Hello, My wife and I are in the process of turning our primary home into a rental. I created an LLC, and the rental address is not the name of the LLC. My thought was to give the LLC a generic name, and the rental cou...
Jack W. Wong
houston market
I'm located in NYC and looking to invest in the Houston area. Does anyone have suggestions in regards to neighborhoods to avoid or invest in for cash flow?Any suggestions for management companies that you used previou...
Ashok Aletty
Transferring property to a LLC
Hello,I bought a condo last year and financed it under my name. I had read that it made sense to have the rental property in a LLC to minimize liability. What's the best way to accomplish this now and what are the imp...
John Carr
First Time House hack, Do I need more help then my HR Block tax person
Hey Team,Quick run down. I live in my PR located in IL, but bought a home in FL with my daughter which she is house hacking. We are renting out 3 rooms atm. Since I make well more then my daughter, the plan was for me...
Trey DeJohn
Brand New Investor in a HOT market. Please help!
Hi BP Forums,Thanks for coming to help me out! Before I dive into my problem a little background about myself. • I am 24 years old • Started working a corporate job in Austin, TX 2 years ago• Graduated school with stu...
Emily K.
Who has air bnb rentals that they don’t own?
Hello everyone! I currently manage 3 Airbnb properties and was searching for purchasing my own Airbnb property. Because I am not financially prepared to purchasing property, It was suggested that instead of purchasing...
Kevin S.
Questions on LLC
Hello everyone, new to RE investing and looking to create a LLC. What's the best way (and economical) to set up LLC? My accountant? Attorney? Can I use Legal Zoom? I got a quote for $695.00 from an out of state acco...
Nick Moats
Turn Key Short Term Rentals?
All, I am looking to do my first real estate investment deal in the next 6 months max. I’ve decided on short term rentals, possibly Airbnb arbitrage, as my first approach. I have seen info about turnkey properties tha...