
7 January 2019 | 9 replies
Out of all the properties I've owned I've never been the "landlord"...it's really a technical term that has stuck around for some reason...anyway, my position is always that I work for the company that owns the property...even though it's my sole or multiple member LLC...there's nothing wrong with holding property in your personal name...an LLC really doesn't offer that much protection anyway...I guess the point is to consider transferring title to your LLC...though there are some things to be aware of here.

8 January 2019 | 7 replies
That can work but you'll likely need to go further from the GTA.HELOCs however are great not only as a source for down payment or renovation but you can also privately lend for 2nd mortgages off of your HELOC.Lend out borrowed funds at 4.5% & receive returns of minimum 11% right there you can make 6.5% return on money that isn't really yours in the first place.

6 January 2019 | 2 replies
What sources would you use?

18 January 2019 | 4 replies
Auction dot com has been one of my main sources for finding good deals.

7 January 2019 | 1 reply
I currently live in Overland Park, Kansas and am focusing on finding a small fix-and-rent multifamily property (house hack).I found this community via the podcasts have been soaking up the crowd-sourced information that these forums contain.

7 January 2019 | 2 replies
It all depend what each LLC is doing.If LLC B owns property in State and receive rent in state B, it only needs to be registered in state B.If LLC A is just a holding, not doing business in state B, but just owning LLC B, it does not have to be registered in state B.The concept of using a holding LLC is multiple.First as you described, if state B does not give you anonymity, you can get the anonymity of state A by having LLC A listed as sole member of LLC B.Also, and it is probably the most important point, if state B does not have good charging order protection for their LLC, you can get the excellent charging order protection of state A protecting your LLC B for outside liability.Delaware and Wyoming are two very good state to get your holding LLC in.

13 January 2019 | 6 replies
We work directly with banks to source notes.

7 January 2019 | 4 replies
The structure itself has no issues, but there is no source of heat, and the water has not be turn on for a few years.

8 January 2019 | 6 replies
@Linda WeygantSchedule E applies whether I am Sole Proprietor, LLC, filing as S-Corp, etc.?

8 January 2019 | 6 replies
If yes, what is your primary source for this information?