I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
So i just want to know if my idea is awesome. I am thinking about buying home in Palm Springs and air bnb the spot to offset my rent in Los Angeles...What do you think!!
I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...
Hello BP,
My name is JD Monroe. I am in the Air Force and currently stationed in the Shreveport/Bossier area. I have very little Real Estate experience, but I’m willing to learn! My plan is to buy ...
Obviously there are plenty of threads discussing the SAFE Act and how they impact Lonnie Deals. I understand that these laws may differ from state to state but my question is a simple one.
I'll make an overly simple ...
It is my belief that in the next few years a nationwide multipurpose real estate website will evolve to become a major player in real estate sales. At first augmenting, but eventually displacing local Multiple List...
I live in California but all of my investment properties are in Michigan and so far the biggest hurdle has been finding a good property manager. I’m on my 5th property manager right now and at this point I’m seriousl...
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
Ok, now that I have a number of trustees to research, I'd like to here from or talk with someone who has an SD-IRA. The prevailing wisdom has often been, "don't touch your retirement money to invest in real estate."As...
I have no clue if this post will be of any value but I would like to share my experience of being an agent over the past year. I want to say that being an agent can be very hard. I was not aware of how many different ...