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4 March 2019 | 9 replies
I don't have any past experience completing deals other than buying a house, and standing by on some of my parents flips and transactions.
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23 September 2020 | 11 replies
Some family could, but not lineal family like parents, grandparents, children, etc, as they are disqualified parties to the IRA.A 401(k) has its own tax benefits, but would not benefit from the special tax benefits applied to opportunity zone investments.
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2 March 2019 | 14 replies
Years ago, my parents did a 1031 exchange and purchased a good retail location, but the lease is coming to an end and our tenant is leaving.
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11 March 2019 | 24 replies
The Series LLC can be operated without a bank account entirely (as the Operations LLC will be conducting any transactions,) with a single bank account, or you can assign bank accounts to specific "child" series within the "parent" Series LLC.
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4 March 2019 | 35 replies
My reasoning is because I’ve personally seen his senerio Many times with fellow friends and my Own parents who bought with their parents.
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21 April 2020 | 22 replies
I have talked to both units' tenants about trying to use the washer/dryer mid week but they are busy families with both parents working and 2 children each.To summarize, one washer/dryer per 6 units (even with only 8 people) is not enough.
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1 March 2019 | 1 reply
However, I am a few weeks away from closing a sale on a property I own (inherited when my parents passed away a few years ago) out of state (Vermont) and will have enough to move forward myself if I want to.
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27 March 2019 | 3 replies
Hello, I need assistance here in figuring out if a potential rental property would benefit any of the two parties involved.I am looking into buying a rental property with my parents (50/50) in the near future.
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8 July 2019 | 5 replies
I did have to negotiate the LTV, as I live in California, and the parent company wanted to give me a lower LTV than the 85-90% I could get elsewhere.
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6 March 2019 | 0 replies
I became interested after seeing my parents flip a couple houses.