Hi fellow landlordsI just purchased a rental property and would like some help in understanding what is the best and the most effective/lucrative way to collect rent payments? I have heard business checking accounts i...
Getting started in rental property investing (no deals yet). I'm looking for a great CPA with knowledge or other clients in Maryland. Friendly to RE investors obviously. Prefer to work remotely/digitally for all suppo...
My LLC has a modest portfolio of rental properties. However, in our local market, houses are selling fairly quickly at a solid price. We are considering shifting our business to flipping houses, instead of BRRRR'ing...
Single member LLC, income is expected to be taxed as ordinary income. Started a business credit card with the name of my LLC but did not provide my EIN as it wasn't required. My SSN is tied to my EIN, obviously. Will ...
I am thinking about adding some additional asset protection beyond US based LLC's and holding companies. I am interested in getting some opinions about offshore LLC's. What are the pros and cons? I realize that t...
Hi All!I am interested in house hacking around the Camden/Burlington county areas (towns like Cherry Hill, Mount Laurel, Collingswood, etc), specifically at duplex/multifamily properties. Seeking potential legal/tax a...
I have a question regarding mortgages for personal property. I just heard from our lender that we have plenty of income to cover the new mortgage we want BUT they can not make it work on paper. I work a W2 job, own a ...
I just had the privilege of going through my first tax audit and fortunately came out with a no change. However, I wanted to take a second to remind any investors who are still gainfully employed, and self manage thei...
Hi. Haven't been here in a while, love the site. I've been buying a few properties since the 2008 crash and am very happy with what I own. Mostly smallish condo's on the Gulf that can be rented either weekly, monthl...
What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...