Hello! I’ve had a successful Airbnb for past year and closing on a two unit property next week that I’ll also Airbnb. I’m good about communicating pre, during and post check out but sometimes have a hard time with how...
Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each...
Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
Hello,
I currently have two rental properties that are both under my personal name. I did open an LLC, and my plan is to roll both of the properties under the LLC. Where do I even begin, and what is the benefit of d...
Good morning,I am currently working a 9-5 in property management and am wanting a way out. I am 22 and have been working in property management for close to 2 years now. I look at the people above me and what they hav...
Hello! My wife and I are under contract on a second home, and we plan to rent our current house out. We are excited to start this journey. We plan on managing the rental ourselves. I am curious if we should start an...
Townhouse in my name. Mortgage with the bank is 2.75 percent in my personal name. 28 years left. Deed is in my name. Bank won’t let me change the mortgage to an llc, said I have to pay it off and refinance with a comm...
I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...
I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...