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11 February 2025 | 0 replies
This includes all structural drawings, exterior drawings, framing plan, mechanical plans, plumbing plans, electrical plans, gas line plans, roof layout plan.I tried to work with a couple of firms and the pricing for all these came all over the places.I also came across a company called flip16.com (September Development, LLC) who said they can do all of the civil engineering and architectural drawings work at a fraction of the price compared to those civil engineering and architectural firms.
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18 February 2025 | 4 replies
You can structure it as an LLC or joint venture, which offers clearer tax and liability benefits.Your son doesn’t need to be on the loan or title if he's a silent partner, and you can manage the mortgage, credit, and insurance.
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5 February 2025 | 4 replies
Add a Rental Security provision to receive stock options in Lazy Dogs LLC for any upside when it goes public!
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20 February 2025 | 8 replies
I purchased my first single-family rental last year on LLC and I did the cost segregation study on that property now I talk with my CPA and mention about the cost aggregation study for filing the last year tax return (2024)he said that I don't need to use it because anyway my tax return is going negative because of all the expenses of closing cost insurance HOA and everything so what would you suggest me that use my Cross aggregation study for my tax return or not. thank you in advance for your response .Have you spoken with your cost segregation partner?
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29 January 2025 | 1 reply
Scenarion#1:Have each property in its own series under Series LLC.
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12 February 2025 | 20 replies
@Lucy Ahl do one of you guys have a LLC that can close on the house with the funding?
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28 January 2025 | 20 replies
I have a few questions- "We started an LLC" "We purchased a property" Who are the legal owners of the LLC?
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3 February 2025 | 8 replies
Then I'd probably have an LLC.
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15 February 2025 | 5 replies
Are you needing to skip trace LLC's?
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30 January 2025 | 6 replies
You could also use "Doug's LLC and/or assigns" where Doug's LLC is your hypothetical company.As for the assignment contract, you can get one from an attorney for probably less than $1,000, you can also make a friend at a title company, they probably have a template they could give you.