Chris Pasternak
Raising rent on tenants after purchase of property -- good or bad idea?
Title says it all. The additional details are that the top tenant has been there for 4 years and the bottom tenant has only lived there since August. I was wanting to raise the rent $50-$75 for the top unit (3 be...
Chris Hynes
Selling Long-Term Lease Agreements
I'm looking for some good sites to advertise the sale of these long-term agreements. I'd also like some ideas on how to market them. I'm currently running ads on Craigslist and Hot Pads under Houses For Sale but am...
Trevor Marvin
First time investor - Confused about order of operations
Hey all,Is it standard to have your LLC open prior to purchasing a property? When I make offers, am I making an offer representing my LLC or is that detail irrelevant as I would just put the LLC down on the purchase a...
Mark Forest
LLC controversy
The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html
...
Tony Roberts
The INFAMOUS SUB TO Discussion *Not for the Scared Investors*
Now that I have your attention DONT RUN NOW!
So I heard about Sub To and I understood it. This makes so much sense! It makes so much sense that....it isnt a popular topic on Bigger Pockets? WTF? Sure a few posts...
Eric Lee
Passive loss carryover, should it be minimized?
Hello,
We are learning more of the in's and out's of depreciation, trying to decide how to handle depreciation on some properties.
Basically:
* Our AGI is past the point where we can deduct any passive loss carryo...
Arthur C.
Urgent - LLC to be taxed as a S Corp
Hello BP Community,I have an important tax related question that I need someone to help answer. I have created my LLC back in July 2018 and started my first flip in August 2018. I actually had 2 months and 15 days to ...
Anton Bachuk
Holding a flip long enough for avoid higher taxes in PA?
I am looking to get my feet wet in real estate and found a property that is in need of renovations in western PA. One thing I'm trying to figure out is just how quickly can I flip it. From what I understand any profit...
Duke Hartman
Need a little... More... Cash... To finish rehab... Help!
Okay fellow Big Pocketers, I got myself into a big pickle. I hope you can help!
I recently purchased my first deal, a three unit rehab (in Hawaii so don't be alarmed by the numbers I'm about to share). We are going t...
Jason Turgeon
What to watch out for in commercial/office space ownership?
Hi everyone, first real post here. I'll get around to a proper intro in the appropriate forum and adding some profile info sooner or later.I have a 2-family rental in Boston that has appreciated considerably since we ...