I am a first time home buyer trying to start my real estate portfolio. My goal this year is to buy a rental property that I can lease as soon as I close or after some minor repairs. I am open to single family homes an...

The House is not under an llc. Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)m...

How accurate has everyone found air dna to be.  I purchased the service to analyze properties in a beach town in north carolina.  I ran the rentalizer and it came up with a projected number that made the deal work.  I...

Hi my dear BP community,Is there such a thing or market for finding deals for other real estate investors for a commission without working for a company/bureau/agency ect. But more with a personal approach and relatio...

Hello,
I have a 3 properties under my personal name that I'm looking to move ownership to an LLC. Should I get 1 LLC per property or one LLC for all 3 properties? I know multiple LLCs would mean more complicated taxe...

Hello community friends, I am debating on how to hold the titles to the two properties that are under contract, given some future implication and changing financial situation in our household. There are lot of my own ...

I am looking tonopen a sober house in the Long Island area. I will be opening an LLC to limit liability, knowing full well the tax implications are identical for LLC vs. personal ownership in buy and hold situations.
...

Hi All,I understand that there are great tax benefits/write offs as it relates to the purchases you have made towards your rental property like depreciation, maintenance fees etc...My question is...Are there any tax b...

I'm in the process of selling a duplex that had been recently renovated. I was looking to do a 1031 excahnge as I could buy multiple properties and push out the taxes. From my uderstanding, the properties I would purc...

Hello,

If my business partner and I take a loan out on our LLC (50% ownership) will it show up on my personal DTI?

Appreciate the help.

Thanks...Paul