Adam Hardy
Putting rental under LLC
15 January 2025 | 1 reply
Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.
Derek Harville
Grandmother wants to leave/give me trailer! Help!
6 February 2025 | 13 replies
You should also verify whether the lease agreement allows for ownership transfer without landowner approval.Owning the trailer means assuming responsibility for lot rent, potential removal costs, and liability risks.
Kyle Shipley
New and eager to learn how to start and scale a RE portfolio
22 January 2025 | 5 replies
high interest rates have hurt cash flow and long term rentals are still a great investment... they're just not going to throw off rental income in the first few years of ownership.
Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
29 January 2025 | 4 replies
Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.
Wes Y.
Selling SFH, Capital Gain Exclusion
23 January 2025 | 1 reply
For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.
Nancy Cho
New Real Estate Enthusiast from Northern NJ looking to connect!
25 January 2025 | 5 replies
Sounds like strategy call would make most sense to see what your goals are with REI and being an agent to determine if the organization I represent aligns with the direction you are looking to go.
Gabe Fermin
Augusta, Georgia (First Time Investor)
27 January 2025 | 8 replies
Obviously the numbers and location would determine which is the best option for me but these would be my preferred methods.
Jack Sarcia
Help analyze a deal?
1 February 2025 | 2 replies
Hey everyone, I am looking for some help estimating the value to an end buyer so I can determine my MAO.
Clarase Mika
Did You Know You Can Purchase Property in Germany With Only 5-10% Down? Here’s How
24 January 2025 | 0 replies
.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.
Sam M.
Agent commission and making an offer
30 January 2025 | 5 replies
Sometimes they have a pre-determined amount they are willing to share, sometimes they say they are willing to pay but the amount must be negotiated.