If every rental I have is it’s own llc what it the best way to structure things for taxes with losses? I know I can write off improvements and mortgage interest and landlord insurance. Does it many any sense to create...
Let me preface with the fact that I am very much stuck in analysis paralysis and have not done any deals yet. Let’s say I find a deal on a property I’d like to turn into an Airbnb, but this deal is going to require $5...
I recently purchased a 4 unit a few months back and got stuck with one set of poor tenants that I evicted. Their rent due was in excess of the security and although I do not have any expectation of collecting, I woul...
Hi! I'm just starting out and recognize the importance of an LLC. Should I pay a tax professional to help me setup my first LLC, should I just do it myself (the form seems easy enough), or should I pay for online serv...
Anyone have experience setting up anonymity with a Delaware/Wyoming Llc? I understand the concept, but not sure on how to officially set up the structure. Is it as simple as filing a manager managed in Delaware?
I am at the point where i am ready to start asking people for private money and use the BRRR method of building a successful real estate portfolio. I've worked as a bartender for the past 6 years at a high end restaur...
Can anyone help connect me with some serious agents in the Northern Virginia area. I am having a hard time finding one that can work with me. I have talked to many but they are not just serious about helping me at all...
A tenant passed away. He was older and it was of natural causes. I don't know of any close family or friends. What are your experiences in how you dealt with a similar situation?
I recently locked down my first property as I start on my real estate adventure. I tried to research the best and most user-friendly PM site that did not charge a fee to maintain a property, being that it was my firs...
Hi, have an accepted offer on a STR in which we’d form an LLC upon closing. Is this advised? Also can someone explain the due on sale clause risk in this case and how to protect