All Forum Posts by: Francisco Sanchez

@Gene H. it looks like no one answered you questions. Here I am, 6 years later wondering what is the best way to get in touch with national tenants or site selection decision makers. Any luck? 

Hello,

I am looking for a tax professional who is knowledgeable in the short-term rental space. Preferable someone local to the Southern California area. 

@Daniel Hyman anyone you recommend? Ideally, one that is familiar with short-term rentals.

Hello,

I recently purchased a home in Big Bear, Ca, partnering with my brother-in-law.

We have been using our personal accounts to fund everything from furniture to construction costs.

In the middle of the project, we opened a business account, which we both deposited money into.

Now, we are trying to figure out the way forward for tax purposes and for holding the legal title of that property.

1. We take it as a TIC and share the tax benefits.

2. We deed it over to an LLC and share ownership rights of that company.

Any recommendations or input will help.

@Nicholas Aiola

I recently purchased a property with my brother-in-law to rent on a short-term basis.

We are thinking of doing two things:

1. Deed the property over to an LLC

2. Deed the property Over to a TIC

QUESTION:

What holds more benefits- tax-wise.

Hello,

Looking to invest in Sioux Falls (from out of state) and trying to find recommendations for investor-friendly contractors. Thanks.

I am looking into purchasing a fixer in Sioux Falls Sd but am confused on how the third "R" in the BRRRR: Refinance.

Would lenders allow me to cash out 100% of the value?

Does the way I buy the property make it easier or harder during the Refi process (buying as an investment property vs primary residence or second home)

Thanks.

@Sahil Parmar what's the verdict? I am about to close on a property in Big Bear City and wondering what your research revealed?

Just requested access via the meetup.com link. Thank you. 

Amazing! Thanks. I look forward to meeting everyone.