Mark McDonnell
Southern New Hampshire Rental LLC
New investor here, looking at investing in rental properties in Southern New Hampshire. In the process of setting up an multi-member LLC in New Hampshire where 1 of the members resides, other members are out of state....
Andy K
Advice on a mold issue reported by tenant
Hi all,I would like some advice on an issue we are facing at our rental right now.We have a 2-storey rental home (built in 2005), where the tenant called us in early January saying they are seeing a 2ft by 2ft wet spo...
John C S.
LLC /Crowdfunding
Hi BP Family I was wondering about the costs affiliated with a LLC, and what is the best way to set one up. Meaning should I go through a lawyer, accountant etc. or would legal zoom be good enough. You see I want to ...
Paul Cijunelis
S-corp vs LLC in Illinois
From a tax perspective, after consulting a CPA friend, these are pretty much the same. At this point I want to start up and incorporate but am unsure the legal differences.
I am forming a partnership (two people me a...
Michael Meegan
My CPA is using my Passive Activity Losses to write off my non-passive income????????
I don't know if my CPA understands and is preparing my taxes correctly.I love her and want to grow my business with her, but I need some knowledge so I can have a good conversation with her.Here's the scenario:In 2022...
Ben Daniel
401(k) and IRAs?
I'm just getting started with life in general. I'm still in school and have never had a full-time job. My wife is in her first year as a high school teacher. We want to get started with investing.We have a goal to be ...
Patrick Murphy
Exit Strategy for rental properties
During the crash I was fortunate to be able to purchase 9 rental properties between 2008 and 2012 at incredible low prices. I am now 60+ years old and replacing toilets, climbing on ladders is getting old. I am try...
Mike H.
Pest Control under who's responsibility? Landlord or Tenants'?
Dear BP Family, Here comes another encounter of LL/Tenant question for the experienced Landlords out there. I've received a request to provide professional pest control service from tenant to help eliminate pest iss...
Stephanie Zito
1031 Exchange
Hi I am newbie and wanted to find out if you sell a residential property that is titled under an LLC can you use the 1031 exchange for capitol gains exemptions?Kind Regards,Stephanie
Ed Lopez
High maintenance renters....what to do
Hello, I was hoping to get some advice on what to do with my renters and property management company. A little background, we had a home built in 2012 in an A neighborhood. It was our primary residence until January...