Brian Goff
LLC Question regarding ownership and income reporting.
18 October 2024 | 3 replies
Once you start co-mingling the LLC's business with anything else you give an easy and clear reason for anyone suing you to claim the LLC isn't acting like a separate entity and "pierce the corporate veil" meaning that they could use that as a way to come after your personal assets as well.
Nathen Strife
House Hacking - Single Family w/ Finished Basement
18 October 2024 | 2 replies
We keep the main house separate by locking the door between the bedroom and our living area, so guests only have access to their room.
Chris Piper
Wholesaling 101: How to Wholesale for Beginners
27 October 2024 | 74 replies
ALWAYS use a separate phone number that rings to your cell phone, like a Google Voice number or some company that offers a phone number.
Jesse LeBlanc
FRAUDSTER ALERT... watch out for Justin Nguyen in Florida. BE CAREFUL LENDERS!!
25 October 2024 | 66 replies
The methods of separating the owner from their funds grows... and the industry will continue to adapt.
Jill F.
1031 Exchange to property owned by 2 LLC's with different but overlapping membership
17 October 2024 | 5 replies
LLC-A can do a consolidation exchange and purchase a tic% of the new property with all of it's sales.LLC-B can do a simple exchange from it's sale to a tic% of the new property.You can separate by address if you want.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
also keep in mind these are separate business ventures.. and one venture does not bleed into the other..
Will Mejia
Solar panels for 3-unit rental property??
18 October 2024 | 7 replies
Another cheaper option would be to just separate the meter and have the two tenants pay for their own electric.
Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
15 October 2024 | 14 replies
We don't have a PG for any of our DSCRs, and tax wise have it completely separate from personal.
Jennifer Taylor
Legal Structure Questions
16 October 2024 | 6 replies
We currently have a LLC that owns our existing rental property and we run the short term rental activities through this LLC with its own separate bank account.
Patricia Andriolo-Bull
It happened to me - Airbnb policy
19 October 2024 | 16 replies
The interesting this is, I told the agent that I have gone to properties with a separate garage that required me to pay (just recently in Nashville) and they said that is against their policy.