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3 March 2023 | 3 replies
I am under the impression that forming an LLC would be beneficial for the following reasons:1) Access to business credit and the different products available(I know they're more expensive, but I like having options),2) "Legit" business appearance(perhaps that will help with PML/HML, or any situation where someone/entity only wants to work with recognized businesses),3) Asset protection,4) Lends to better bookkeeping, keeping personal and business separate.I was almost sold on a WY holding company, with child companies in my home state(NC) where I will be operating.
10 March 2021 | 10 replies
What if there was a house that was new construction in a HOT area that you genuinely believed in; would you purchase it for 90% of appraised value?
18 September 2020 | 2 replies
What if there was a house that was new construction in a HOT area that you genuinely believed in; would you purchase it for 90% of appraised value?
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1 March 2023 | 3 replies
But I’m genuinely curious and wanting to prepare for when it comes time for my own CRE investments.
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16 October 2019 | 4 replies
Rather than requiring the partnership to recognize $6,000 of gain upon the distribution to A, however, as shown above, no gain is recognized.
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28 April 2019 | 11 replies
., the Series LLC is very interesting, and sounds like it solves lots of issues, but I believe if you check with a NH attorney who is knowledgeable in asset protection, you'll find that it is not recognized in NH.
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24 January 2018 | 2 replies
Yeh, i recognize it may be a cut in pay but I'm thinking if my budget can handle it then the education makes up for it.
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21 September 2022 | 10 replies
But I also recognize my youth in this field, so I yield to people who have more experience with me.
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21 December 2022 | 0 replies
You genuinely cannot ask to get much better than you'll find in Charlotte.
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24 May 2021 | 3 replies
Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).