Casey Wheaton
Advice on land with septic constraints
I recently purchased a duplex on a quarter acre of land with city water and septic. I initially wanted to build another duplex on the land but due to septic constraints, I can't. What are some other things I can do wi...
Matthew Tenney
Solar on 21-Unit Multi Family
Recently purchased a 20-unit apartment building. All units are individually metered, plus a common area meter paid by the owner. It is in a small rural town (qualifies as a rural community under USDA) definitions in W...
Tyler Thomas
New to investing, to form an LLC now or later?
I have tried to find an answer to this question on YouTube, Google, and of course, here at BiggerPockets. I have found many answers and suggestions but none that truly answer my question, so I'm sure I'm being too spe...
Allen Maris
Strategy session needed
Not exactly sure where to post this, so figured the general personal finance is a good enough place. As others are saying, I'm finding financial planners (both fee-based and commissioned) just don't have enough person...
Zaid Badabwan
203K mortgage and renovations
HelloI have made an offer to a property using 203K loan to buy and renovate the property. I have come to know that the contractor should be approved, and I have some questions:1. Can I take only the purchase part of t...
Muhammad Akhtar Shiekh
Looking to buy my first rental property! please help me think clearly.
Some background:- I bought my primary residence in Frisco, TX in 2019 and then I moved to CA last year and rented out this property. So now I live in CA and manage my rental remotely.My goal:- I have 120K cash that I ...
Kiah McBride
Are STRs & MTRs Considered Active Income? Do they need Separate LLCs from LTRs?
After having a consultation with a company that sets up LLCs, I'm now questioning if I truly have the right LLC formation for the purpose of my business. For context, I created one LLC to run a mix of STR and MTR prop...
Jacob Straussen
question about taxes for 3 people owning a duplex
my two business partners and I just closed on a duplex. the plan is to house-hack. two of us will be living there as a primary residence but the third person will not be there. however all three of us are on the ti...
Daniel Murphy
Oddball youtube / rehab tax deduction question
I've had this question in my head for a while and figured I'd finally ask it. Let's say you created a youtube channel for the purpose of creating a following & eventually making a profit. A DIY maker type channel...
Melissa Man
Protection from being sued
What do you all do legally to protect yourself from being sued by your tenants.