Hello, I have a few questions on forming LLC:
1. I am a Florida resident - is it better to create an LLC in the state I choose to invest, e.g. Georgia?
2. Florida is better from tax point - does it make sense to re...
Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $125,000
Cash invested: $25,679
HIGH CASH FLOW. LOW MAINTENANCE. INVESTMENT #1.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $39,000
Cash invested: $70,000
Sale price: $138,000
First REI deal
What made you interested in investi...
I am planning on renting out 2 rooms in my 4 bed primary residence on Airbnb. These rooms are not furnished yet. I was wondering if I can deduct the taxes on furniture that I buy to furnish these two rooms.Thanks in a...
Hi All,
I know a business owner that would like to lease a single family residence from my company to house new employees that are relocating from out of state.
If he deducts the cost of the lease as a busines...
I am in the process of purchasing my first duplex. I am having a hard time finding an affordable insurance policy. The prices I am being quoted are outrageously high. Any recommendation for affordable landlord insura...
Investment Info:
Single-family residence buy & hold investment in Richardson.
Purchase price: $220,000
Cash invested: $64,000
Homestead House-Hacking
What made you interested in investing in...
My title company forgot to include the security deposit for the tenant I inherited and when I asked her if she could get it she provided a signed statement from the seller that there was no security deposit left (he h...
I moved to an area that has an expansive master planned community of around 36,000+ residents. There are about 60+ resident realtors in the neighborhood. I want to connect with builders and develop relationships with ...
I've been unofficially advised this is not OK, but thought I'd ask.I have just sold my rental property that's all set up for a 1031 exchange (45 days starts today). I also have my primary residence that I've consider...