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17 October 2024 | 47 replies
I credit the platform's amazing hard work figuring out the new requirements and walking us users through the process; a website, EIN/LLC, registering for 2 levels of sender ligitamit sender; something called shake/stir (???)
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14 October 2024 | 6 replies
His company is called Urban Construction LLC, his name is Yohance Moore.
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13 October 2024 | 4 replies
JPM&C is owed $71k (mortgage and interests) and the condo LLC is owed $15k.
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13 October 2024 | 23 replies
If this is the case, and your LLC has made at least 12-month's mortgage payments for properties owned by your LLC out of a business bank account, Fannie Mae allows the mortgage liabilities to be excluded from your personal DTI, but any positive rental income cannot be used to help your DTI.
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10 October 2024 | 17 replies
You'll want to get a business bank account for the LLC.Do your best to keep personal and LLC transactions separate, document any funds transfers between you and the LLC.Your Trust should own the LLC, but you will be the LLC manager.
10 October 2024 | 0 replies
Hi,I am planning on setting up a multi-member LLC either in North Carolina or South Carolina to house the rental properties under, and wanted to reach out to the community about which state is more favorable to holding rental properties - assuming that the property can exist in either state.Thanks in advance!
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12 October 2024 | 2 replies
We plan to personally lease the unit to a newly created LLC and run direct expenses through a separate bank account in the LLC name.
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9 October 2024 | 1 reply
I formed an LLC with my dad and need some advice on how to split up ownership percentages.
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9 October 2024 | 5 replies
What are common loan options when looking to purchase an out-of-state rental property under an LLC?
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12 October 2024 | 13 replies
I purchase my first property in 2019 in Dayton for $4k with $10k in rehab cost and immediately put it into an LLC.