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Results (10,000+)
Anne Christensen Has anyone used NCH Inc
21 January 2025 | 2 replies
I wouldn't use them for setting up an LLC
Kim A. Vetting/Looking for Legit Private Lenders
21 January 2025 | 2 replies
Cornerstone Capital LLC?
Jose Mejia refinancing a property from hard money lender
1 February 2025 | 16 replies
@Jose Mejia I assume this property was purchased under an LLC.
Bree Jimenez Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
I started my LLC in the summer and still working through some kinks getting website started for marketing.
Devon Moore New development hard money
6 February 2025 | 5 replies
but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build. 
Sean Overcrest Seeking Advice on Property Transfer Options & Tax Implications
5 February 2025 | 0 replies
-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband. 
Sam Ojo Looking to Scale and feeling Stuck
31 January 2025 | 8 replies
Are they in your personal name or an LLC (or LLCs)?
Jacqueline Wright Ready to Dive into My First REI Purchase—Auction Property with Hard Money or DSCR? An
23 January 2025 | 3 replies
The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?
Account Closed PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Marcus Auerbach Why getting into real estate primarily for cash flow is wrong - and even dangerous
6 February 2025 | 87 replies
The trust owns an LLC, let's call it Asset LLC