Hello BP Forum'ers,I haven't posted in a while -- but wanted everyone's take on a fairly common question, but with the uniqueness of my actual numbers, figures and situationGoal -- grow passive income quickly through ...
Hello BiggerPockets Community!I wanted to start with a proper first post and take the time to introduce myself.I grew up in the Southern California area which remains my current residence. My background is in mechanic...
Hi all,Looking into my first rental property (SFH or MFH), but the amount of liquid cash that I have on hand for a down payment is limiting my options. I'm a pretty savvy saver so most of my equity is in numerous inve...
Let's say an investor buys a property with a HML, fixes it up, and flips it 3 months after the purchase. Does the investor pay a portion of the property taxes? Would you have to pay those taxes when you close on ...
Alright y'all... I have a question that needs answering. My wife and I just got our first single family home rented out to a lovely couple. We pulled out all the bells and whistles by setting up the extra security and...
If you have short term rentals which entity are you using? I’ve heard LLC and S Corp? What advantages and disadvantages have you come across for these two entities. Thank you!
Hi all!this is my first time posting so if I goof on etiquete or post something in the wrong place let me know! Thanks. I own a 8 unit apartment building with my sister as tenants in common. I would like to buy her ou...
Hello!Finally taking the plunge into the "Flip or Flop" world! Hopefully, no flops!My partner and I are in the process of waiting for the paperwork to be processed for our Llc/S-corp that our CPA recommended we set u...
The Bank of Canada (BoC) announced Wednesday morning (2015.07.15) that they have lowered the overnight interest rate by 0.25% to 0.50%. The reasoning behind the move is the BoC has lowered its outlook for Canadian gro...
I'm currently looking at a duplex in my neighborhood. Seeing as I'm a real estate newbie surrounded by non-real estate people, I need some help from my fellow BP audience.Stats: One side of the duplex has a current le...