Jason Lopez
Do I need an LLC for my rentals?
31 January 2025 | 9 replies
Build a financial history with your LLC.
Andrae S Wiggins
New Investor looking to purchase their first property
28 January 2025 | 6 replies
You want to have your financial house in order so you know what you CAN afford and what you SHOULD spend.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Clear financial separation ensures all rental expenses are deductible, maintains legal protections, and simplifies tax compliance.This post does not create a CPA-Client relationship.
Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
And financial experts are asking me if the question is a joke?
Devin James
Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
Another would be you are building other units next door/nearby and you can chalk this build up to the "learning curve".I didn't see a CFO on GLH or GLC's website, but I'm sure you have someone doing this type of financial analysis for your developments?
Kyle Hardie
New investor in Fairmont, MN
28 January 2025 | 7 replies
I work full time at a decent job, but have quickly learned that I needed to make some changes in my families life by securing our financial future.
Nicholas Dillon
HELOC on Primary Residence
12 January 2025 | 2 replies
At one point I talked to my financially advisor and he said that it would be smart for me to open a HELOC on the property, but not draw from it, except in the case of emergencies.
Kenyatta Barthelemy
Starting out in New Orleans/ Baton Rouge
27 January 2025 | 21 replies
I wish I could say that I'm venturing into real estate investing for some benevolent purpose like providing low-income housing for the needy... but financial gain is certainly my angle lol.