Hi All,Question, I am a high income W2 employee and considering purchasing a short term rental. I do not qualify for a real estate professional status, but recently heard about the short term rental loophole where on...
Hello, I would like to create a separate business identity without having to form an LLC or corporation. Now, I only want to mask my identity from my tenants and contractors. I carry a 1 million umbrella policy and ...
I am about to dive deep into a 1031 exchange and the end result could be 2 SFR in 9 locations compared to my current 3 SFR in 3 locations. All my properties are turnkey managed. So far I have always had individual ac...
I have 23 rental units now. I bought a duplex in '07. The next opportunity came in late '09 when I met a motivated seller, an elderly couple that gave the a great deal on my next 11 units/4 properties. This couple sti...
Hi BiggerPockets community,I have spent some time and been successful in the residential market (flipping homes) and wanting to diversify my real estate investment portfolio by venturing into rental apartments. I kno...
Hey Bp family,
I’m looking to move to Lexington, South Carolina area within the next year or so. I would like to start investing in real estate once I get situated down there. My plan is to sell my primary home ...
I'm wrestling with cashing out my 401k and I'm wondering if this is something I should do with mine and my wife's 401k. The purpose would be to push it into real estate. Total we have about 70k in our collective 401k....
Fellow BP members who are commercial landlords & PM: Out of 100 tenants, how many of your tenants would pay the adjustable CAM at the end of the year? Any strategies to share? Thanks!
So what I understand from the things I have read so far is that an LLC is a separate entity that can protect you from lawsuits and allows you to take advantage of different tax write offs. Also, LLC's only pay taxes o...