I am interested in purchasing buy and hold multi-family property to rent to Yale students. I am seeing that in prospect heights for example, it looks like one can buy a multi fam (3 units for example) for around 250 k...

I'm purchasing a small multifamily property in San Diego and am looking to set up an LLC for liability protection. Do you recommend holding the property in a CA LLC or an out of state LLC entity for this purpose?  I ...

I live in TEXAS. Not sure if the laws are different here.

I currently own 3 rentals and hold them in my name.

I am not sure if I need an LLC. I have good insurance policies in place as well as an umbrella policy.

I...

Anybody with knowledge with taxes: what specific items can you deduct for tax purposes? I know you can claim depreciation on your home and gas for going to and from your investment home? Anybody have a list? I know I ...

Hi,I have invested in a multifamily apartment complex syndication deal.  The Sponsors said when the Company (LLC) sells the property in 5 years, they would try to do a 1031 exchange and roll the proceeds of the sale i...

I own properties in Nevada, and more recently I purchased my first property in Indiana.  Is it normal for a property manager to ask for your social security number?  Back when I purchased my first few properties in Ne...

Hi all,
I'm from California and thinking of buying a rental property in/nearby Austin. I've talked to a few real estate agents to get an idea of the landscape in Austin. I'm mostly interested in places like Leander a...

Hello all . . . I thought it would be interesting to hear your opinions as to what the top 5 reasons to buy rental property are.

So, What are your Top 5 Reasons for Buying Rental Property? :mrgreen:

Taxes seems to be a hot button on this forum and a sensitive one. So, without trying to get you in trouble with the IRS. Suppose there was a ground root tax revolt movement (And, no I'm not planning to create one and ...

So I recieved a notice today for a $1560 fine for an LLC taxed as S corp that I started beginning of this year.  I didnt file the extension, as the SCORP didnt make a dime ( im an idiot).  I realized after it was too ...