DeAnna McKillop-Lopez
LLc’s and irrevocable trusts
18 November 2024 | 9 replies
Have a separate bank account from your personal, make sure the operating agreement spells out how to value if anyone exits, who can buy into it, you can vote to not distribute funds- if your sued they can come after your property but also your Cashflow stream.
Scott Trench
REPS And Active Losses and Gains
16 November 2024 | 21 replies
When the syndication is sold in future years, are the gains, depreciation recapture, and distributions also taxed as active income?
Sean Anthony
Jeff Swiecicki / JBS Realty - Fraudulent Realtor and Property Manager
20 November 2024 | 28 replies
Property owners should not have to wait to obtain their TS deposits; Owner's reserve funds; Owner's distributions and more.
Kevin Lorick
My property manager deposits rent into his account before paying me, is this normal?
15 November 2024 | 13 replies
They collect the rent, deduct their fee and any other expenses they are allowed/required to pay on your behalf, then they distribute the remaining funds to you.It's critical that you review the property management agreement and understand what you agreed to.
Nold R.
Multiple Member LLC and 1031 Exchange
14 November 2024 | 5 replies
Complete the exchange and then dissolve the LLC and distribute the properties to each former member.
Kyle Souza
Qualifying for Small Multifamily Loans
13 November 2024 | 23 replies
This is derived from the amount of equity we can contribute as the sponsor and the amount of equity we know we can comfortably raise in a 90/10 structure.
Nick Grassi
Redoing a roof - any thoughts on installing solar and/or EV charging?
13 November 2024 | 6 replies
Appraisers are not going to add value for something that is financed or leased, and if you're the only house in the radius of comps with paid off solar they won't have any comparisons to derive value from it.In the end it is really only advisable to pursue if you're going to own the home forever....while it is nearly impossible to determine if you'll own forever or not regardless of present circumstances.
Ben Polansky
Maximizing Real Estate Professional Status
18 November 2024 | 5 replies
Ultimately we decided that the cost of doing the cost segregations right now was not beneficial enough since he didn't really have any reason to pay for them and if I would have covered the full cost then the benefit wouldn't have been significant enough to me.That said, I do know there are ways to structure your operating agreement where the depreciation can be distributed to different partners in different ways.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Many 'influencer' syndicators have not paid out distributions to their limited partners for over two years.It's disheartening to see a lack of transparency and investigation into these funds.
Austin Lively
Managing Partner Equity
11 November 2024 | 2 replies
These often include a preferred return for the investors and then a pre-determined cash flow distribution schedule between the sponsor and investors that includes the cash flow distribution waterfall based on either the IRR or EMx and possibly a GP Promote.