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Does anyone know of an umbrella policy that allows 3 unit property to be covered which is held in llc? Is this possible or need to keep in my personal name. Feel free to PM. Looking for referrals. Thank you
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Hello BP family,
I have used my heloc, backed by my RESIDENTIAL property, to buy a rental investment property. I'm doing income and expense for this rental property for 2020 taxes. Is the interest paid on the heloc d...
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Hello,
My wife I are in the process of buying a property through a 1031 Exchange. This is an investment property in the mountains near Breckenridge, CO. We intend to use the property as a short-term rental (AirBNB/...
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I found an article at This Link entitled "Sell Home to S Corporation and Then Make It Rental Property" fits my situation pretty well, except I want to sell it to an LLC that I already own. Would the article apply to m...
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Does the lender or the debtor initiate the 1099-INT in a family situation like this?
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Hello everyone! My wife and I are very passionate about REI. We've actually put if off for years, thinking that we needed to bring in more income before diving in. After reading numerous blogs and forums, we realize t...
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Hi, I'm new to real estate investing and I just purchased my first single family home last month and I am ready to find a renter. I live in NY, so I purchased an out of state property in FL. My property manager, wh...
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What are the benefits of homesteads on real estate?Is homesteading suitable for investment property & my personal residence?Thanks
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I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
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Ok, so here is the question. How much do you leverage your portfolio? I have friends that are all over the map, I suppose it’s one of those “whatever is right for you” scenarios? I have some investor friends that are ...