Susan Tan
Do title companies or hard money lenders close virtually remotely outside the USA?
A hard money lender alerted me that I need to be in-person in the USA to close on a loan on a fixer upper property. Thus, a last minute flight back to the USA. Do you know any HMLs or title companies who can do closin...
Mary Jay
How long should I lease for it to qualify for the 1031 exchange
Hi guys,
In order to qualify for a 1031 exchange,
1) how long is the property needs to be rented?
2) does the rental income need to be reported on taxes for a certain period of time ? (O sense it probably will b...
Tsering Lhamo
Brand new investor; just bought 2 properties!!S corp or LLC ??
Hi all,I can’t believe I made my first post in September on BP and now closing on 2 properties out of state!!! Excited about the fun journey of Real estate investing!!I have a question regarding asset protection and t...
J Woodfin
Huge Wholesaling Companies
I'm trying to grow my buyers list. I've been attending auctions and passing out cards that point investors directly to my buyers sign up page. A few were very receptive and took the card. But I noticed a TON of those ...
Benjamin Sussman
Starting a short term rental property management business.
Hey BP Community. I am starting a short term rental property management company and I am wondering a few things:-If you use a short term rental property manager, what do their pricing structures look like? Do the per...
Stacy Gomez
Legal Set-up for multiple properties in 3 different states
Hi,
We have our primary residence in Texas, own an 2nd Home property in FL that we STR with an LLC to operate; and are purchasing a 4plex in Louisiana. While we are actively working on our personal trust... I'm try...
Tiffany Tan
Help with owner-occupied duplex tax filing
Hello everyone, I need some help with my taxes. I own an owner-occupied duplex in Philadelphia, and each unit is equally 800 square feet. I want to make sure I'm doing everything right before I submit my taxes.
Here...
Brandon Wallace
What is the smarter move?
I have my first rental and plan on buying more throughout the years. What is the smarter move when it comes to spending your rental income? Use it to pay off the houses quicker so I can have even more rental income in...
Al L.
how to serve a difficult tenant
Hello everyone,In the past four weeks, I have used two servers to give my tenant a Five Day Notice at the apartment and 3 workplaces without any result. My property manager thought it was abandoned and went to check ...
Nick Gagel
Bank Account Clarity
Hello,
Looking for the best way to layout bank accounts for a property.
1- account for security deposit
2- account for mortgage to come out of, that tenant pays into monthly via Zelle
3- account for property exp...