
3 January 2019 | 4 replies
@Jay Kennedy okay thanks man that really helped me out a lot just now it was common sense but the title advantage is perfect.

3 January 2019 | 3 replies
Chris, you can always start out with the common questions like: what investments do you own, any interesting projects you've completed recently, what investments are you working on right now and what is your investing model (flipper, wholesaler, etc...).
4 January 2019 | 2 replies
Not all companies will write a Homeowners policy in an LLC name (although that is becoming less common).

14 January 2019 | 27 replies
@Troy S.I have some cash, a shitload of drive, 6 years of construction management experience with a top GC, a year of sales experience with a top Equipment Rental Company, a RE license in MA, a few residential deals under my belt and common sense.

1 November 2019 | 4 replies
You would both be tenants in common and if one of you dies your share should go to that surviving spouse.

4 January 2019 | 8 replies
(at a huge profit) Title should be able to answer these questions for you as this is very common with transfers in and out of LLC's.

10 January 2019 | 13 replies
Your dilemma is common, and fed by the fact that the Solo 401(k) is often over-hyped.

3 January 2019 | 0 replies
We did a total renovation - New TPO roof, New Windows, New Plumbing, New Electrical, New Base Board Heat, New Window Units, LVP flooring in the common area, Sanded and Painted Hardwood floors in the units, New Kitchens and bath for each unit.

4 January 2019 | 14 replies
I disagree that the 1065 would be the more complicated route.Relying on each owner to report, accurately, their share of rental activity on Schedule E, plus issuing 1098s to the parties not named in the mortgage would be more complicated and more prone to error, especially if it's being undertaken in a DIY manner..I concede a 1065 would be more expensive than DIY tenants in common, however it frees up the owners to pursue higher value activities and provides them greater assurance everything is being done as accurately as possible.If we want to say error is being mitigated by a tax pro doing the returns of the owners in a TIC situation, sure we can say and all agree to that, but IMO the compliance fees for a pro in this situation for all individuals would be higher than that of just engaging a pro for one 1065.

4 January 2019 | 7 replies
Next i would have to say all these older houses have lathe and plaster instead of drywall which in some respects are easy to repair in the case of smaller dings and holes but when you get whole walls that are in need of repair we found it easier after much trial and error just to tear it out and drywall it.