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Buying my first property! So I have my business checking account (day job), a personal checking and now I have the LLC's checking. Most of the money is in the day job biz account. When I go to wire the money, what is ...
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A lender they told me that on a cash out refinance on a rental house I own in my name, that the homes owned by my Self Directed IRA, the expenses like property taxes would count against me personally in calculating my...
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What's up BP! I just recently purchased a house hack duplex in Upstate SC. I already set up a business account to keep my business expenses separate from my personal expenses. Even though this will be a temporary p...
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Does anyone have any experience with blanket real estate loans? I was looking to refi property and someone mentioned that it may be beneficial to move all five of them into one blanket loan. I’ve never heard of this a...
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Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
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I purchased a single family home under my LLC as my first foray into rental properties. There are repairs that need to be done to the crawlspace drainage which would cost about 10K. Can I expense that out as a busin...
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If I purchase a rental with a commercial loan from a bank in an LLC, will that loan affect my debt/income ratio and my ability to get a Fannie Mae personal loan in my own name? I'm trying to maximize my borrowing abil...
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For those who manage multiple (other people's) STR properties: What is the best way to set up multiple listings as a co-host - do you list on your own personal profile? Do i create a business profile for hosting on ai...
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Hello BP Family!I am looking for a person that specializes in housekeeping for AirBnB/Short-Term Rentals in the East Orlando, FL area. References would be greatly appreciated. For right now it is one property they wou...
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I'm on the prowl for a commercial lender in the PGH market. I've called about 20 community banks in the market and the best terms I have received are: 80% LTV for 20yr AM @ 4-4.5% - many banks offered something along ...