Mindy Jensen
FAQ Forum Question: Do I Need an LLC?
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Jesus Moreno
How to proceed with non-separate utilities
Can anyone help me with this dilemma? So I have two units, that the electricity for both is under one meter. How do I proceed to rent out these units? If I pass the electricity costs to the tenants, then I leave the ...
Mac Connolly
Poll - Anyone want to buy without an agent and get a comm refund?
Hi Everyone,I have been working on a project for some time now and we're finally ready to launch - now we are just trying to figure out which state to go for first.This project answers the thread posted a couple days ...
Tanzim Seraj
New Landlord Please Help
Good Evening Ladies & Gentlemen,
I am a brand new to this multifamily investing. I closed on a property recently and I am on a transition of slowing moving into the the property since it's a 40 min drive from wh...
Mohan Deep
Tenant moved out, filed for bankruptcy
My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
Austin Lohr
Include partner’s name on title?
My business partner and I are putting in an offer on our first property. I will be supplying the capital for down payment for this first property. The preapproval and loan will be in my name. We plan to transition the...
Sandra S bello
Help with Costs for ADU in San Diego, Ca
I have a property with a large lot in East San Diego. SFH go for about $300 a SF in my area. Homes with ADU's are not getting appraised as the ADU being worth $300 a SF, more like its an amenity. So even though builde...
Account Closed
New Tax Law - Big Boost for Small Investors
This intended only to open discussions on the changes that affect investors. This is to help you know what questions to ask your CPA so you can do a better job of tax planning. I am not a tax guy or a tax attorney so ...
Kenya Curtis
Hard Money Lenders
Good morning! Has anyone here used Do Hard money loans for rehabs/flipping, or is anyone familiar with their practices?