There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

If you have lived in the home for a total of two years anytime within the last five years you qualify for the entire $250k tax exemption if filing singly.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

Advantages are that you only need to form and pay for the initial series LLC, file one franchise tax report, file one tax return, and pay one franchise tax payment if required by the state the LLC was formed in. 4.

concerns about safety/fraud , taxation etc...https://cocodevelopmentgroup.com/boulevard-villa-bali/PDF of payback calculations   https://drive.google.com/file/d/1FQca4xOb7Dgxy9o5-UP8wvXuZCo...

We ended up filing a claim with our insurance.

You never know whats going to happen and want to have that option and the warrant in your files in case you need to act on it.

If you buy a pre foreclsosure and sell it within a few years you owe the owners who sold it to you 70 or 80% of whatever you made.. thats why I no longer do foreclosure rescue.. it just takes one person to file a complaint with the AG in states where this is highly regulated and it becomes a very stressful for you.

Now as I’m researching on the BP forums, I found a couple comments about this.I will either have to wait till next year after filing 2024 taxes, to apply for low money down with FHA loan or find another way to make this work.Just wanted to post this so it may help someone else not make same mistakes.