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16 May 2021 | 18 replies
Don't co-mingle your funds or use it as your alter-ego since there are sure ways to pierce your corporate veil.
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14 May 2021 | 9 replies
So it's not just an investment solely for future ROI, you may get payments monthly from the rent proceeds.This is nothing new for fractional investment to a property via LLC, it's just the tokenization part of it.For equity appreciation, I'm wondering if that's just translated as property value divided by your share of ownership in it.
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19 May 2021 | 95 replies
This must be equivalent to saying no State shall pass a law revoking, invalidating, or altering a contract.Pretty sure a lease is a contract.
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12 May 2021 | 0 replies
I posted on NextDoor with little success, so trying here as there was one post here on BP that seemed to get decent traction although maybe it was the subject that piqued interest. I also posted on DIY forum and that ...
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17 May 2021 | 7 replies
Would that roughly translate to me losing roughly 55% of that or $2750 when the property gets sold?
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18 May 2021 | 10 replies
@Christopher HelwigCo-mingling funds and using the LLC as an alter-ego are surefire ways to pierce your corporate veil and lose your limited liabiilty protection, the main purpose of having a LLC.If you want to "consolidate" your activities, I would transfer Title from yourself to your LLC (same or new one which is whole different discussion) and simultaneosly refi into a commercial loan since legal entities are not eligible for residential lending (hopefully you aren't "frankensteining" it).Hope that helps.
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16 May 2021 | 1 reply
After some google searching I'm having hiccups finding free "official/legal" leases for Colorado that I can alter and use for my tenants.
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17 May 2021 | 1 reply
These past two years have been life-altering and as one chapter ends and another one begins, I cannot wait to see where I am going to be in another two short years.
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22 July 2021 | 12 replies
I'm looking for alterative solutions to separate my physical self from having to collect the cash payments.
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26 May 2021 | 7 replies
You can purchase as non owner occupied (rate is a little higher) You have to convert funds to US dollars, and translate any income or bank documentation into English.