Hey yall can any one explain to me the taxation for LLCs. First, do folks use their home owners insurance as an alternative to LLCs? Which type of LLC entity is best for investors owning several rental properties. I k...
Me and a partner formed an LLC earlier this year. We wanted to start investing in real estate and my partner has a few large assets he wants to protect. We split everything 50/50.
We are closing on our second proper...
I am looking at some properties to purchase and was wondering if the amount of depreciation claimed changes if I bought the property in say the 3rd quarter of the year versus the 1st. I've seen a few different optio...
Hi BP, I have a property that I’ve been holding for 5 years. It’s on a 30-year mortgage with ~$130k remaining at a 5.25% interest rate. my monthly mortgage + expenses = 1,350/month and I bring in $2,800/month in renta...
I enrolled in BNB Investor Academy with high hopes of gaining in-depth knowledge and skills in managing short-term rental properties. However, my experience with the program significantly differed from what was initia...
Hello BP members. Looking for some guidance. I recently purchased a rental property with a partner 50/50. I would like to refinance but my partner wants to continue buying property out of pocket. Is it possible for me...
If I get my real estate licence would I get access to nationwide listings or just in the state I have the licence from? Also do all agents get access to a central website? if so what is that website?
Hey everyone! 👋
I’m currently looking to invest in a single-family home in the Dallas area with a budget of $300K. I’m exploring different neighborhoods and wanted to reach out to the group for some advice.
Where do...
Why I'm Triggered
Every week I read stories on social media about someone’s unfortunate situation driven by the increasing cost of housing and wages that have not kept up….and I’m sick of it.
Part of me wants to mes...
Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation. Is ...