Andrew Postell
Yay! Tax Season! What you need to know on claiming deductions!
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Kristen Savino
Syndication Companies- feedback on a few I’m analyzing
I’m considering investing in syndication companies and I’m analyzing the 3; can anyone provide specific feedback on any of these? Alternatively, are there any you would recommend?Passive InvestingPresidiumPraxis Capital
Jacob I Strauss
Starting Out as a Landlord of a 4-plex
Hey BP so I'm excited because it's looking like I'm going to be the proud owner of a 4-plex breaking my analysis paralysis buuuuuuut I could use some direction.
1. currently the water is paid by the land lord half th...
Ryan Daniel Palmer
Tenant consistently late on late on rent, no sec deposit
I own a three-unit in Chicago which has strict regulations about accepting security deposits therefore I've recently started doing non-refundable move-in fees as most landlords do here. I have a tenant that was great ...
Harry Metzinger
Going from Traditional IRA to Solo 401(k)?
Hi BP, I currently have Traditional IRA funds that are invested in stocks, but lately I have educated myself about going the self-directed IRA route. I met with a self-directed IRA custodian yesterday. However, give...
Gary Fraser-Lee
Loan Due on Sale clause when changing name on Deed
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...
Chris Marette
Cash Out Refi Lower Than Expected
Hi Everyone,I need some guidance or tips or any ideas in regards to an appraisal that did not come in as expected during a cash out refi. I have done several in the past and most I have been satisfied with the outcome...
Account Closed
Tenants are escalating mold situation
My brother and I inherited a single family home last year and we also inherited a tenant. This July, the tenant complained about a leak that managed to seep through the walls and onto the floor from the attic. We had ...