I’m in the middle of buying my first Singe family home in Texas. I got it at $82k (listed at $84,900) , but the home inspection came back with several deficiencies. For example all windows don’t open (all windows ha...
Asset Protection & Piercing the Corporate VeilWe've all heard of Asset Protection and the suggestion is typically to create an LLC and hold title in that legal entity. In and of itself, this can be a major hurdle ...
Good morning BP:
I'm struggling with whether or not I should pull the trigger on a condo I have under contract. To me the numbers make sense, but there are a couple of things that concern me. 1) There's an a...
If you elect an extension for S-corp, would you just estimate your K-1 for your tax return and then be forced to file an amendment after you complete the 1120s?
Hi BP members / team! My husband and I decided that we want to start REI with a house hack. We finally found a duplex that was a perfect mix of the right price, medium taxes and a decent neighborhood. We walked throug...
It's fairly well known that REI properties should be held in an LLC or a similar entity to protect your personal assets if something happen with tenants at the property. But that's not necessarily a two way street, a...
Reading J Scott's post here got me thinking a bit deeper about when and when not to leverage.
It's particularly relevant to me currently as I am currently self employed, so stuck with interest rates in the 6.1-6.6% ...
Does it make sense to buy an overpriced multifamily residential rental if the rental income can
cover the mortgage payments (inclusive of PITI)?
please be as critical as possible. :D
My name is Kelly Githens. I’m an Investor and Appraiser in Oregon. I’m creating a comprehensive Real Estate Investing Tool focusing on houses. A main part of the Tool is a valuation grid patterned after the FNMA Fo...
I am looking to buy this duplex in WA and found out during due diligence that the garages of both units were converted into bedrooms in the 90s. This conversion was done without proper permitting and approvals from th...