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All Forum Posts by: Sean Harrison

Sean Harrison has started 6 posts and replied 21 times.

Private Lending & Conventional Mortgage Advice

Post: BRRR refi when owned by LLC

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6
I have heard issues with switching the DEED back to an LLC, it can trigger a full payment of the loan. any experience with that?
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Buying out LLC partner

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6
@charles carillo
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Buying out LLC partner

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6
Thanks, that's what i'm starting to read. the minor expense for the sale wouldn't compare to the possible headaches i'm sure. @charlescarillo
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Buying out LLC partner

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

My partner and i habe an LLC that owns 1 house. Whats the best way to buy him out? We currently own it without a mortgage, but i will need money to buy him out. Shoukd i get my sole LLC to buy the house from the partner LLC? Or should i refi with the partner LLC and just buy his potion of the LLC?

0 Votes
Starting Out

Post: any experiance with www.themultifamilytakeoff

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6
The is a meetup group that i'm trying to get to. I was just wondering if anyone has had experience or heard anything about them.
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Does this seem like my CPA is overly conservative

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6
I will take some time and look at the laws myself this weekend.
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Does this seem like my CPA is overly conservative

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6
I think i'm getting it. If the seminar was preplanned and was for rental strategies and such I would be ok?
1 Vote
Tax, SDIRAs & Cost Segregation

Post: Does this seem like my CPA is overly conservative

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

I really like my CPA, last year was the first time using her. I feel that she might be a overly conservative and not help me write off as much as i should. Does anyone get to write off traveling and looking for new rentals? If i travel to another state to look at a house, i was told i can only write that off if i actually buy one. Does that seem correct to everyone? 

2 Votes
Private Lending & Conventional Mortgage Advice

Post: Pittsburgh Refi with LLC

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

@Alex Deacon do you know any in Cleveland that will do loans for LLCs?

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Pittsburgh Refi with LLC

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

@Elise Bickel do you have any connections that will do loans in OH?

0 Votes