
15 May 2024 | 4 replies
When we refinance and put the deed in an LLC for asset protection, how do you protect both side of the JV under one LLC?

16 May 2024 | 7 replies
Cashflow provides more certain return AS WELL AS downside protection.

16 May 2024 | 6 replies
Construction/Rehab Profits are projected up front, and protected during the work.

16 May 2024 | 12 replies
It may depend on if you want a more formal procedure, or added protections such as all the inspections that go along with a traditional sale.

15 May 2024 | 5 replies
You then file the annual report each year and continue to fork over another $500 annually.Next "cheapest" will be legal zoom or a similar service, I believe they'll help roll the registration with the state into the start up package.I use "cheapest" in quotes - the primary purpose of an LLC is typically to provide some level of asset protection.

15 May 2024 | 7 replies
So 30k in interest payments on a primary would only net most people an $800 tax deduction since they would have already got the standard deduction by default, where as 30k in rental interest would translate into 30k in deductions.This means that for an awful lot of people, they effectively don't get to deduct the interest on their primary.Keeping the loan on your rentals, while getting rid of the loan on your primary also helps from an asset protection side of things.

15 May 2024 | 21 replies
Putting 40% down and taking on less leverage improves your cash flow and protects you with equity.

15 May 2024 | 8 replies
Either way, I could be wrong but I don't think marital status is a protected class, maybe is in your state or local laws, and I think familial status protection is if denial is based on not accepting someone with a child or expecting a baby.

16 May 2024 | 14 replies
I like land locked areas and urban markets as do most firms. look at where banks buy buildings. mostly 20 story buildings in downtown markets for a reason. asset protection and preservation so we try to do it as close as possible. there are lenders in columbus that do 100% hard money financing for renovation loans that based on experience make concessions to experience operators. we are vertically integrated though for design, build, entitlement, leasing, and brokerage so there isn't much missing. licensed general contractor.

15 May 2024 | 1 reply
They will not protect you.Thanks for your story.