Current Situation: My wife and I have been slowly getting into REI over the last 4 years. We currently have 5 SFH long-term rentals and a short term rental.Up until 2022 we both had W2 jobs, but we just had our first ...

Hi everyone;

I am purchasing a sfh for a rental with a partner. I am working on a LLC for us to hold it in and had some quick questions:

1. how do we set up insurance with 2 of us owning?
2. do I set up an LLC...

So after probably too much research, I'm looking to take a leap into some buy and hold or perhaps BRRR investing, but I'm short on savings, while long on IRA assets.  Rather than wait any longer, I've decided to use m...

Hello,37yoM living in LCOL area Midwest. I'm a PA and wife is an OTA. Current income is around 450k on W2s. I max out 403B. Going to begin maxing Backdoor Roth this year. Hold some VTSAX. Homeowner. Looking to begin d...

I plan on buying several properties for rent and fix and flip soon. The main thing I am running into is how to structure the company for rentals. I have heard I should put each property in its own LLC and then I have ...

What are some tax deductions private lenders can take?

I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...

I have been using Bank of America as my business checking account for my rental property.  They just raised the minimum balance to $5000.  When I have more than one property, that'll be fine, but with just one propert...

Hi everyone, I am seeking your opinion about the most efficient software brands that can be used for book keeping and other software brands that are know for property management. This would be  for 3 or 4 units to sta...

This is a question for my accountant, but since he's on vacation this week I wanted to see if anyone has had a similar experience. Here's my dilemma: I have struck a deal for a seller-financed acquisition of a mob...