Brandon Parkes
URGENT - HELP. Need PRO feedback on this management question.
Hey BP crew. Brandon from Toronto here. I have a couple of properties in Canada and last year, opened an LLC and purchased a duplex in Detroit. For obvious reasons, I employed the use of a management company and have ...
Jeremiah B.
Can I change property managers mid lease?
I've found myself in a pickle that I hoping for some guidance on. The long-and-short of it is that we own a property that was recently leased, using a property manager. At this point, we would like to change propert...
Miles Stanley
Forming an LLC (or other entity) befire first deal...
I know there is a long debate on this topic as to forming an LLC at the very beginning or after getting the ball rolling and waiting till a few properties in (I'm interested in buy and hold btw).I know the formation o...
Samantha Kay
Maximizing Tax Benefits of an LLC
Newbie here!
We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.
-For those with a house in your name, do you have ...
Kate H.
Sole proprietor landlords in Canada - anyone use a business name?
I just bought my first property in Canada, a duplex with 5 tenants, and for various (most tax related) reasons, I have decided to operate the rental as a sole proprietor. I'm considering whether to register a business...
Scott Rogers
Cozy users I have a few questions
Just looking into Cozy. it seems to be a interesting concept and may be useful with he right clientele how ever I have a couple questions I couldn't find answers to on their site.If you have a tenet who is late on ren...
Trevor Hartsock
What would you do….
1. You have 65K cash to spend.2. You can't get conventional financing for another year due to a short sale.3. You're soon to be homeless and jobless.4. You will be moving to the Pensacola/Milton area due to the po...
Sam Mathew
Tax Avoidance Strategy - 1031 Exchange & Gift It to my Child - Prove Me Wrong
Please prove this strategy wrong, but I have not been able to. I bought an investment home in Charlotte, NC (I live in FL) when my child was born (14 yrs ago) for $124k that is now worth $340k today. Because I switc...
Joe Doman
Auto pay
Hi all, I just had a tenant request to set up automatic rent payments so he does not have to deal with writing checks every month. This is the first time anyone requested this and i dont have any idea how to set it up...
Oscar Turner
Seller doesn't wanna give up deposit
Hi guys, I am under contract as of today on a multi family property. My issue is the owner is telling me that a fully occupied building doesn't have any deposits left for me to collect at closing. I ask why and he sta...