Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
I'm sure they also told you their systems will protect against aggressive attorneys and creditors and make you invisible so nobody will ever dare file a claim against you...it's all a money grab.If you are a sole proprietor I am putting my money on the fact a single member LLC in the state in which you live/own real estate will suffice.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
I can't name a single state that requires the disclosure of insurance claims.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
My wife's mother ended up having a massive brain tumor last year and we were able to be there for her every single day.
Matt Cecala
Pittsburgh(ers) Investing in Pittsburgh
5 January 2025 | 23 replies
A lifelong friend and I are motivated to (virtually) meet and connect with those in REI working in the Pittsburgh area.I'm active duty military and living in California with two rental properties (one in Virginia Beach & one in Pittsburgh) and my close friend owns a single family in Baltimore.
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
The quicker you can take action on the high dollar value decsions the quicker you will be able to grow.For sure take the time to setup the right foundation, but keeping it simple and easy when you are getting going is a safe bet!
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
They can also be an LLC that specifically elected to be treated as a corporation – there is a box for this option, too.If they signed that they are a corporation, as opposed to a single-member LLC – then you’re off the hook.What about DBAs?
Ryan Duphorn
What to do with a detached 572 sq ft garage?
27 December 2024 | 1 reply
Quote from @Ryan Duphorn: I'm currently house hacking a single family home that has a 572 sqft detached garage in the backyard.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
That comment also seemed to imply that you don't report the rental on Schedule E if you have an LLC, but that's not correct, with a single member LLC it still goes on Schedule E."
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.