Sofia Kolesnikova
Transferring title to LLC-does lease need to be renewed/updated?
Hello Guys,
I had a question concerning a current lease in place with a tenant I have residing in a townhouse I am renting out in Tampa, FL. The lease was written under my name and my boyfriend's name as the title of...
Joel Fernandez
Requirements for first time landlord.
Hi,For context, I recently applied for a pre-approval VA loan to begin the search for a single family or if a good deal presented it self a multifamily home. In short the lender informed me that I am unable to use pot...
Michael Plaks
The new 100% deduction for business meals
This fairly simple change in the tax law created some confusion that I want to clear.
The basic rules for deducting business meals have not changed. The only change is that you get to deduct 100% of it, as opposed to...
Anthony Jentsch
First Investment Loan Under LLC?
HI BP. I'm in the process of talking to lenders for a loan for a MF investment property. I'm targeting 3-6 unit properties. I have a few that I will be looking deeper into as soon as I square away what I can get appro...
Michael Borden
New Investor - SOW help!
Hey everyone, so I recently got super lucky finding a property - but it needs a lot of work. I'm now going through and creating a comprehensive list of what I would like done to the property. The scope of work examp...
Francisco Sobral
Looking for REI Friendly Agent in Urbana, IL! (and advice!)
Hello Bigger Pockets Community!I've started looking at properties near my alma matter, UIUC (Go Illini!) and have a found a couple of places that have caught my eye. I have enough cash saved up where I can afford the ...
Zach Grim
National Bank vs Credit Union
I feel that opening an account and building a relationship with a credit union over a national bank will offer more benefits. What are your opinions?
Chris Nall
SFR partner needs to cash out. We dont want to sell or refinance, any suggestions
We purchased a SFR rental 1.5yrs ago with a partner that put up the capital for the Down Payment ($39K) we've managed the property and maintenance. Our partner has run into some unexpected issues and would like their ...
Charles Biederman
Bungalow tax exemption in New York State
Has anyone researched whether a short term rental of a single family home meets the NY bungalow exemption from hotel taxes? Any leads most welcome. Thanks
Matthew Banks
Scaling BRRRR beyond DIY, compensating contractors
We're in a rust belt city (upstate NY) where home prices are 250-400k, and have done 4 BRRRs, mostly by ourselves. It's time to bring on help for our future projects. Any advice on how to compensate contractors/trades...