Vid Cotarta
How? Turn a rental property that I own into an LLC with partner?
Hello, I have a rental property that I have owned for over 8 years that has a tenant in it and producing well into an LLC?I have a friend and business partner that wants to get into real estate and I suggested he just...
Roger D Jones
Question regarding land owner/developer partnerships
Hi all,Just a newbie question seeking some quick insights on land development. My brother and I own a simply spectacular piece of property overlooking the Columbia River in Washington State. Right in town... breatht...
Bryan Casteel
Lease/Option versus Lease/Purchase
Does anyone have a good handle on the difference between a lease/option and a lease/purchase. It is my understanding that they are very similar except that under the lease/purchase, the "buyer" is guaranteeing a cert...
Tanikka Myers
To LLC or NOT to LLC, that is the Question!
My partner and I have been "off paper" partners for almost a year... Now we are ready to make it "official"... Our current focuses in real estate are buy and holds and wholesaling. Our primary reason for getting the ...
Eli Rose
Wholesale Question - Can a Realtor Assign a Contract in Georgia?
Can a Realtor, who is also an investor, assign a purchase contract between themselves and a seller to another investor in Georgia, if the conditions below exist? - The Realtor discloses to the seller that they are a...
James Rowe
Startup costs for STR cabin in Gatlinburg
I’m working on my expenses spreadsheet for purchasing my first STR cabin near Gatlinburg. I currently have:1. $175 Smart lock keypad for remote management of door lock on Amazon2. Furnishings that may not already be p...
Nick Hulme
Seeking Creative Title Strategy Advice
Background: My wife and I live in San Jose, California, where we are renting a basement apartment from family for a great discount. Both of us have corporate jobs with decent salaries, so we are saving about half of o...
Mark Gruetzmacher
To partnership, LLC or Sole Proprietor-Tax Questions
Hello everyone, I have another question to run by you. I am trying to figure out which is the best way to structure this deal and how to do it for tax purposes as well.I am closing on property on Tuesday. My father ...
Jared Kluver
Subject-To Newbie Question
Hello Community Members,
I understand the basics of a Subject-To deal (taking over the existing mortgage in place). I picked up some learning materials and it said one of the first things to do in real estate invest...
Galia Avni
Land Transfer Tax - might be a problem
Hi,I am not sure I am in the right forum.We moved to Ontario from Spain and recently purchased a house we moved to about a month agoWe were under the impression that as first time home buyers we were eligible for a re...