I have an LLC that will be doing an all cash purchase of a 3 br 1 bath SFH. We are going to be fronting the cost to acquire the property but the GC that I have used for several years is going to cover the cost for reh...

I plan on setting up an LLC for my real estate business. My initial priories will be in Las Vegas but I love in California.

For tax purposes I thinking I should register my LLC in Nevada.

Can anyone give me some ...

I did one flip last year where I partnered with a rehabber. I was the money guy. We made a little bit of money and I'm trying to figure out how to file my taxes using turbo tax. The property was not in my name, if tha...

Hi friends,  purchased my first rental in may this year, got it rented in mid June, signed a 12 month contract with tenant, about a week ago tenant sent me an 'official' email that there is a mice/rat problem, althoug...

I have a W2, but also have a real estate license, though I work very little in actually selling real estate. I just bought my first investment property in Chicago, and have been busy doing minor repairs, furnishing it...

Hi,What is the general rule for commissions on a rental for realtor? I am understanding that the brokerage gets 100% of first months rent. . Apparently 50% is for my broker and the other 50% is for agent whom found th...

Hi, one of my tenant just move-in and I already have a long to-do list. For example, he wants new carpet, new paint. Complained the fridge is too small, complained the washer dryer didn't hooked up properly etc...In a...

So I have this property in a D neighborhood (Ybor city, Tampa) and I have a management company managing it. The tenant paid the first and second months promptly, the third was late and the forth which was supposed to ...

Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...

My property manager is saying an eviction will cost ~$1000 for a lawyer.  Shouldn't the property manager handle the eviction process themself, otherwise, what am I really paying them for?  Tenant paid last month ~ 20 ...