Wilson L.
Tax planning renting out rooms in a owner-occupied house
I looked over all the IRS rules regarding rental income in an owner-occupied house. After looking at everything, this is the plan I've come up with. Any pointers/tips/suggestions would be helpful.3bdrm/2ba house wit...
Eduardo Antonio Vazquez Navarro
LAS VEGAS INVESTORS!
Newbie investor here! Currently house hacking in SW Las Vegas for about a year now. Looking to invest in other properties in the Vegas area. I am still pretty new to Vegas so I was wondering what the best areas in Veg...
Hemant Patel
Convert Garage to an ADU in Santa Barbara County Costal Zone Area
Hi,
I'm interested in converting an attached garage of a rental property to an ADU in the Santa Barbara County Costal Zone. Would like to hear from folks who have been thru this process with the county from obtaining...
Sean Dezoysa
What is a fair COC return to target for a passive investor
Hi all,On the Toledo forum I mentioned hoping for a 10% cash on cash return for turnkeys and several people said that's too low for Toledo. That's always good to hear.Plans have changed a bit and I think I now prefer ...
Sasang Doc
Renting a business property to my LLC
Hello Fellow BPers,
My LLC owns a business property where I’ve run another LLC business for the last 17 years. I’d like to start renting to myself (my LLC commercial prop renting to my LLC business running out of it ...
Sanjeev Advani
Navigating the Stable Seas of the Real Estate Market: Opportunities for Investors
In an era marked by rapid economic changes and uncertainties, the real estate market has showcased an unexpected level of resilience. Many anticipated a downturn or even a crash due to factors like rising interest rat...
Jake Thompson
Closing on my first 6-unit apartment building soon! What happens to existing lease?
I'm a noob, but I'm trying to learn all I can! All units are occupied and the previous owner's leases are yearly and all of them renewed not long ago. I'm needing to raise rent a decent amount ($200 is the highest, fo...
Debra A.
Closed rental today! Seller renting. Wants 24 hr notice to visit
Today we should be elated. We managed to buy a house in northern California for nearly 1 mill and it needs a ton of work. The seller is a friend of a friend and we did a private sale and shared the real estate agent. ...
Ramki D.
looking for california - sacramento lease template
hello all,i am scratching my head on how and where to get these templates (either free or one time paid template from attorney). I am wondering how are others drafting the leases? I have seen a online California Assoc...
Nemesis Kraken
Wondering it’s logical to convert 5 unit 5 garage multifamily into 9 units.
How would I go about converting these 5 garages that are attached to the property into 4 more units. The zoning on the property is 5-9 units. Would this be a sensible decision and around how much did it cost. If anyon...