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My parents (both still living) have a home that they no longer live in and are looking to sell it. They have moved south so it is vacant - if that impacts your suggestions.They own it out right, so there is no mortga...
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Hello all!Very new to this whole scene....but I am a very interested and hopeful future buy and hold real estate investor in the single family home/duplex/triplex market in central and northeastern Pennsylvania. I sa...
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List some please Vs UMBRELLA POLICY
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Hi,
If I buy a small buy-and-hold SF property, what is the reason to do it through an LLC? I guess I can deduct depreciation and write off mortgage interest whether or not I use an LLC. However maybe I can on...
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What do you do when you are mananging your own properties and you are not available? If you have a accident, medical situation,or on vacation? I am currently managing my own properties. I have most things set up. Main...
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I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
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I am currently in the education stage of my real estate journey and eventually want to make the transition of doing it full-time. I have read multiple books on overview of real estate, corporate/LLC structures, proper...
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First posting!
I am about to convert my primary residence into a rental property (I had lived there for three years, so no issues there). I have been reading articles all day, and I am having trouble figuring out the...
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I own several rental properties in New Jersey owned in two LLC's and now it's tax season. I have several venders (plumbers, electicians, HVAC, etc.) that I use for maintenance and repairs. This year my wife learned th...
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We have a family partnership that owns two rental properties (a Single Family House and a Duplex). It started out as a simple partnership in 1995 (Dad & Mom, #1 Son & Wife, #2 Son & Wife). After the unexpe...