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13 January 2025 | 3 replies
Otherwise, a partnership, private lenders, or even hard money lenders might be an option.
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17 January 2025 | 3 replies
This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.
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17 January 2025 | 3 replies
We decided to go with a DSCR in the LLC name to help protect our personal assets… We are near closing which has taken WAY too long in my opinion… (we are on month 3 with 3 extensions)…Regardless, at this point 2 of the 4 of us in the partnership are being asked to sign as guarantors of the loan…1 Is this normal?
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21 January 2025 | 8 replies
He used it to put a down payment on his next investement.Have you looked into partnerships?
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7 January 2025 | 6 replies
What special purpose equipment do you have for an ADU/Office that required unique wiring for it to function?
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13 January 2025 | 1 reply
You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.
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27 December 2024 | 2 replies
While they are the obvious ones, they are much less impactful to building a solid partnership.
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8 January 2025 | 15 replies
An easier route would be to convince him to go in on the short term rental together in a partnership.
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31 January 2025 | 26 replies
The forum will be here (and honestly, I use the Search function a LOT).
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23 January 2025 | 14 replies
They have a bigger single family home and a tiny home on the property, but there close proximity and shared driveway present functional problems that are undesirable for guests.