Derek Smith
Business Expenses - Can we write off prior to LLC?
Recently my girlfriend and I have been remodeling her house, some changes were required (repairs) while others were more cosmetic (general updates). Once finished we will list it as a rental, in a couple months, but w...
Nolan Haggard
A Resort, a Bankruptcy, and Anonymity? Where to Begin?
Hello all! We are a couple with a permanent address in Texas. We just put a deposit down on an investment condo in Florida. We are super excited about this as it is the very first real estate buy for either of us! ...
Joe Arida
Self Directed IRA - Two Accounts 1 LLC?? Help!
Hi BP fam!I am setting up a Self Directed IRA and am just getting the operating agreement taken care of. I've been advised that the following setup is OK:I have two SDIRA accounts, one Roth and one Traditional. Both r...
Dave Derocher
Advice needed on tenant issue
When i bought a 3 unit home in 2017 it had 3 tenants in place. (all 3 are still there, ) The tenant in the 1 bed, apartment asked is she could have 2 friends stay with her so I agreed and charged additional rent ($...
Samantha Baker
How to know if refinancing will still have my property cash flowing
Hello, I recently completed a house hack that I turned in to a rental after living there for 4 years. I just completed my first year of rental income and great cash flow 800/month cash flow. I am still in the window t...
Anthony J Ruma
Multiple state investment properties LLC
Hell BP!I’m looking for some help regarding LLCs and having rental properties in multiple states. If someone could provide me with a little information on how to obtain, or any legal help would be much appreciated. I ...
Andrew Christie
Probate Fiducaries
Hello fellow BPers!
I'm trying to get things going with probates and it's been a slow start. It's not necessarily the easiest thing to figure out. Anyway, when I go to one of my local courthouses, they can gi...
Jason Le
How to find out who owns abandoned houses?
I found an abandoned house and owner passed away a couple months now, but the neighbor said the owner has no relative to inherit. My question is how to find out who is actually holding the property? Where can I go to ...
Micah Smith
LLCs and lending on SFR properties
I have 4 properties. My attorney suggests the best thing for me is one LLC per home. I asked my lender, who is great, and she has concerns with individual LLCs - she says many lenders will not lend to LLCs or properti...
Nick Leamon
How Does DTI work within an LLC
Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...