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20 February 2025 | 1 reply
I own a duplex with my husband and have been self managing the rentals (one is MTR and one is LTR) under my LLC.
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29 January 2025 | 2 replies
For example, California has an $800 minimum franchise tax, while other states have lower fees or no franchise tax at all.
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17 February 2025 | 7 replies
Should we sell this one and invest in a new one and start fresh?
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25 February 2025 | 6 replies
Ive come to this community to get insight and tips that i may find useful to help me on my journey.Thanks,Kurtis Hello!
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25 February 2025 | 21 replies
You should dictate how rent is paid.
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13 February 2025 | 8 replies
If not rented at fair market rent, this property will just count as your residence, not a rental for tax purposes.Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.To minimize risk, consult a CPA for tax strategy, weigh financing costs, and draft a legal rental agreement.
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23 January 2025 | 7 replies
You should talk to a lawyer.
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13 February 2025 | 18 replies
Wow, just getting started with INVESTMENT real estate.
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10 February 2025 | 13 replies
@Katie Camargo What we do as a lender on these type of deals is what we can an "as-is 2 step".
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11 February 2025 | 14 replies
Should I add one or two more?