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30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.
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30 April 2024 | 0 replies
I am interested in investing in real estate in the DFW area (specifically Denton) with creative financing methods, and I am trying to expand my network of players in the game of real estate.
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1 May 2024 | 22 replies
I appreciate the insights on the 1031 exchange method.
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1 May 2024 | 10 replies
One of the key advantages of crowdfunding is its accessibility, enabling investors to participate in real estate projects with lower capital requirements compared to traditional methods.
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30 April 2024 | 9 replies
We use a Home Depot wet-dry vacuum to remove the crap and we put the crap in a few plastic trash cans.
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30 April 2024 | 1 reply
If someone is looking to build capital fast, they would need to find easier methods to have a 60-120 day exit and a 25-35% ROI.
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30 April 2024 | 140 replies
Rarely do you see those who use this method who own more than a few homes.
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30 April 2024 | 7 replies
I am trying to decide between doing the BRRRR method while living in one half and renting out the other or building a duplex from the ground up.
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29 April 2024 | 5 replies
How can I go about doing this either with a 1031 or what is the best method to attack this?
2 May 2024 | 41 replies
If this method of paying for help around my homes isn't legally sound in CA, I will have to change my ways.