Dan Oconnell
Owner will carry Estate & Heirs
I have an old friend with 45 properties. He is getting very ill in his old age. His 2 children have not shown any interest in this profession and have moved out to start their own lives. He, just like any good parent ...
Steve Burke
Living trust, will, power of attorney?
I have two rental properties, one in Minnesota and one Alabama. I am currently living in Arkansas and about to close on a house which will be my primary residence. I want to make arrangements so my sister can take ca...
Charlie Gruber
Can I charge pet deposit for service animal?
I have prospective tenant that has a service animal. Typically I charge a non-refundable pet deposit. Is it still legal to charge this deposit for service animal? Thanks in advance!
-Charlie
Nicholas Weckstein
Help with evicting tenant ....."CEO office" ?
I have a tenant who is a real thorn in my side. I inherited him. He is always late. Doesn't drive because he couldn't afford to keep his shit box on the road. He owes the utility company money. He lost his job last mo...
Jerry Alvey
LLC structure and tax advice
If I own 2 LLC in Texas and one in Oklahoma would it be best to open one umbrella LLC at a bank and list these 3 LLC's under it? I'm looking for protection and to pay less taxes.
Andy Winningham
Classifying as a rental property vs. classifying as a second home
Hello. Question for the community. I'm a financial planner in Dallas, TX and I've got a client who is considering the following decision and I'd love to hear some wisdom about how to advise him to proceed. Situation. ...
Kim Wagner
What's considered "normal" repairs for SFR'S in KCMO?
Hi - I'm a new investor with my first home under contact. It's a 100-year-old home located in the urban core (64130 - Blue Hills) of Kansas City. I am purchasing it from out-of-state as a LTR. After inspection this...
Daniel Dunnigan
LLC Tax Savings for Land with Windmill Income
Hi everyone! Looking for advice on how to save on taxes. Thanks for your help!!
Situation: Purchased a piece of land in NY this year with 3 people (Dad, Uncle, and I). We paid for the property by taking a HELOC on ...
George Li
New Member Santa Clara, CA - Low RE return: What did I do wrong?
Hi folks,My name is George and I am a part-time real estate investor from silicon valley with two years experience. I am a NOI driven investor, cash flow is all I am after and I only take home value appreciation as a ...
Torin Perret
Should I form an LLC?
Hi, I'm a home owner and am looking into potentially buying rental properties down the road. Is it advised to do this through an LLC or other legal entity to protect myself from liability?