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All Forum Posts by: Kwanza P.

Kwanza P. has started 24 posts and replied 75 times.

Short-Term & Vacation Rental Discussions

Post: Legal experts for startup business

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34

What kind of lawyer do I need to help me get started in a STR business? Anyone set up their LLC in California?

0 Votes
San Francisco, California
Tax, SDIRAs & Cost Segregation

Post: Who has moved forward with Royal Legal Solutions?

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34
Quote from @Greg O'Brien:

This is an interesting thread.  I do not have any relationship with them but do know they seem to be extremely knowledgeable.  One thing that stuck out here is the navigation and coordination of legal/asset protection and CPA/Tax services.  Our firm decided to integrate the two a few years back because of the constant push/pull and inconsistent advice between the two services...thus, we determined finding a strategic legal/asset protection partner, versed in our tax planning, was the correct route to go for our clientele. 

Who is “our firm” please ?
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Who has moved forward with Royal Legal Solutions?

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34
Quote from @Cheryl Dopp:

If you do the consultation, you want to be clear on which entities are Operating Entities and which are Holding Entities. And which manager managed vs member managed and what agreements needed between the entities and who provides and maintains. It's a big fuzzy hot mess.


0 Votes
Tax, SDIRAs & Cost Segregation

Post: Who has moved forward with Royal Legal Solutions?

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34
Quote from @Dan Ruiz:

@Madelaine Au  wondering if all worked out with Royal Legal Solutions. I am in the same boat, had the consultation and wondering/deciding if going forward with them. the price tag 10,000 scared me. thx- 


I got a quote of $19K today. Does price depend on state of residence ? 

0 Votes
Real Estate News & Current Events

Post: Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34

I have been wanting to buy a multi family in Palo Alto, CA where I live currently. So far, both my realtor and loan officer are saying that the multi family units in Palo Alto are not good deals and are overpriced. How do I know if this is true? What should I look at to decide if I should go for it anyway?

0 Votes
Worcester, Massachusetts
New Member Introductions

Post: New Here to the platform

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34

Thanks, it all sounds good as long as I can avoid paying hefty taxes and generate cash flow. Don’t have the time to do property management right now however as I have a full time W2 (accredited investor) and a family to raise. 

0 Votes
San Francisco, California
New Member Introductions

Post: New Here to the platform

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34

Thanks Basit, which forums? Where do I go to search ?

0 Votes
San Francisco, California
New Member Introductions

Post: New Here to the platform

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34

Thanks Bradley. Amy tops on finding a “good” networking group? Also, I’m likely to invest out of state as California is too expensive.

0 Votes
San Francisco, California
New Member Introductions

Post: New Here to the platform

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34

Right now, Single family. Would love to get into multifamily. STR seems like more work.

0 Votes
San Francisco, California
New Member Introductions

Post: New Here to the platform

Kwanza P.
Posted
  • New to Real Estate
  • Bay Area California
  • Posts 75
  • Votes 34

New investor living in the Bay Area. Want to understand more about tax issues, liability, and asset protection regarding investing in real estate.

0 Votes
San Francisco, California