Hi Folks...I need some BP advice:I am managing a rental property for a family member. I found a person who wants to rent the place (and thanks to BP forums, I used MySmartMove as many people recommended)....they have ...
Where do I show income from a rental guarantee policy? What tax code would I put this under?Thanks, Will
I don't have any rentals as of yet, but it's an area that I'm hoping to get into. I was reading an article (from the REI Expo magazine, if you're curious) and it mentioned "coverage against rental income interrupti...
US Tax law is based on citizenship, not residency, you face the risk of double taxation if your foreign country of choice does not operate a double taxation treaty with the US. Does anyone have further experience with...
We just completed 6-unit one bed one bath apartment in midtown Sacramento, CA
As we are considering doing MTR, your feedback on how to move forward with this plan is appreciated
I have quite a few STR's that were decimated by flood/storm surge with Helene, and then Milton came to finish the job with wind. All of them are uninhabitable. It will take many months to remediate and rebuild. These ...
I messaged my agent and asked if tenants are unable to pay and evictions are stayed, can I request loss of rent assistance from the insurance policy. Here was her response:"In any shutdown due to a scare or pandemic o...
I know this is like asking "are peas good" and will get a lot of "it depends" answers, but here's the basic question:If your death (and subsequent lack of cash flow) will significantly affect your family and loved one...
I have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?
Struggling with the idea of protecting first current assets with TERM/WHOLE life insurance vs first generating passive income through real-estate. What is the advice first generate as much passive income you can gener...