Isaac Lane
Columbus Ohio Property Tax Dispute
12 February 2024 | 4 replies
The county gives you the opportunity to dispute the initial values before distributing the updated tax amount.
Tony Nguyen
How to know the Max Bids before the foreclosure auction
12 February 2024 | 18 replies
"Maximum bid" is based on the value of the property, from comps or however you choose to derive that value.
Joseph S.
Syndications with BAM, Ashcroft, and/or Praxis
12 February 2024 | 13 replies
All 3 deals have currently paused distributions due to floating interest rate debt and looming debt maturities.
Ryan Fahey
Fannie Mae (Conventional) Loan and Wanting to Close with Land Trust
10 February 2024 | 9 replies
You could put it in a Living Trust with the trust name being some derivative of the address; HOWEVER, conventional your name shows in the signing.
Ryan Marchand
Professional Deal Analysis - Impact of Prepaids on CCR, Proformas
12 February 2024 | 4 replies
Pay the bills when due, its always better to hold cash than distribute to investors too early.
Peyton LaBarbera
How do you protect your properties?
12 February 2024 | 20 replies
@Chris McKay I have been researching some more plans and I came up with starting a holding company LLC as a parent company for each of the subsidiary LLCs that will on their own protect each property separately with this I will also be able to utilize an S-Corp which will be attached to my Holding Company LLC and each subsidiary LLC will transfer the funds into the Holding Company LLC to cut down on my self-employment taxes by paying myself a W-2 along with dividend distributions paid out to the owner aka myself throughout the year.
Beth L.
Questions--How to use a Property Management LLC as the "face" of my rental business
12 February 2024 | 12 replies
You can setup the PMC LLC with a bank account and run everything through that bank account.If these are all single-member LLCs and you remain the only owner, you can just distribute funds to each property LLC annually.You will need to have a management contract between the property LLCs and the PMC LLC.This is not legal advice, so be sure to confirm with attorney and CPA.
Nicole Holcomb
Property Tax Avoidance in California
11 February 2024 | 6 replies
If the property has already transferred to three siblings, the act of a buy out will trigger reassessment on 2/3 of the property.If the property is still in trust and has not yet been distributed, there may be more options.
Bryce Carroll
IRS wants me to pay taxes on a SDIRA distributed property's note
9 February 2024 | 3 replies
I distributed a rental property from my SDIRA in 2020 as a cares act withdrawal.
Joe Trampel
Seeking Advice on Structuring Real Estate Investments for Growth and Tax Efficiency
11 February 2024 | 2 replies
This family member is also approaching the age for required minimum distributions (RMDs) from retirement accounts, adding another layer of financial planning to consider.The PlanMy lender has indicated a need for approximately 30% equity in the deal for construction financing, urging a strategy that keeps the balance sheet lean at acquisition.