You cannot have a traditional homeowners policy and a landlord policy on the same dwelling.

The challenge, as you’ve discovered, is that traditional HELOC lenders typically want the property titled in a personal name rather than an LLC.

During 2022 I had multiple meetings with one of their CPA advisors and gave them access to QuickBooks and Payroll platforms.

But 1031ing your current land into better production land that you rent out can be a very stable platform.  

It's a banking and bookkeeping platform built specifically for real estate investors.

It's a platform for a few different things!

You have most certainly come to the right platform to expand your knowledge on investing. 

@Barbara Potts - you should check out PassivePockets.com - a new platform we introduced just yesterday!

Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.

We have internal funds, our passive note platform, lines of credit along with over 10 institutional capital investors that allow us to provide a variety of loan programs to fit the needs of residential investors from wholesalers to flippers to BRRRR or turnkey investors to land and residential developers.Kevin HillCEO - Aloha Capital