Victoria Lebedeva
moved to NY should I sell my house and re-invest in this market
I have moved to NYC 2 months ago. I need some recomendations what should I do in this market. I have a new luxury townhouse in St petersburg FL 4 floors/ 2 bedrooms, 3 bathrooms garage. ( purched 3 years ago for 550K,...
Elsa Carballo
Do you need LLC per investment property?
Hello, do you recommend setting up a separate LLC for each investment property?
Alain R.
Forming My Property Management LLC for liability and asset protection.
I own under my name over a dozen rental properties (with loans) in Florida which I effectively manage from Europe without an issue. While I have HO6 insurance on them, I am considering creating a My Property Managemen...
Account Closed
Forming an LLC in NY
Hello everyone, I have two questions on how to form an LLC. My first questions is after someone has already form an LLC through the state, what happens next? I am currently in NY so I know the process by just going o...
Sean Leonard
Need to finance renovations on rental owned by my LLC
So, I have a bad property manager who allowed my tenant to let the property fall into disrepair and, because I didn't choose the contractor he recommended, he has let my property sit untenanted x 8 months, not followi...
Phil Avery
Investment in a Tight Market: Navigating Negative Cash Flow for Long-Term Gain
Hello everyone,
I'm navigating the challenging waters of finding cash-flowing properties in my market and came across a deal that's got me pondering. This property shows a negative cash flow and cash-on-cash ROI from...
Austin N.
No Passive Loss Difference for Single or Married
From my research, it appears that a single individual can write-off $25k in passive losses for non-real estate professionals if their AGI is less than $100k. This benefit is phased out to 0 as income reaches $150k. I ...
John Levonius
California Rent Relief Program
Hello All!
I have been a silent member of this forum for a few years now. I own a rental condo in San Francisco, and would appreciate the collective wisdom of this forum on my situation below.
My current tenant's le...
Lance H.
Should I Refi?
Hey Everyone,
Debating whether I should refi my primary residence again or not. I am not looking to take money out or anything and the current payment is easily affordable for me, I just don't li...
Amanda G.
Loaning money to my LLC?
I purchased my first rental property and assigned it to my new LLC. The LLC is a single proprietor entity. The property needs a few repairs and money set aside for the current tenants' safety deposits. Is it appropria...