Proc. 2002-69 and 2002 C.B. 831, a husband and wife who are the sole owners of an LLC and reside in a community property state can choose whether they are treated as a partnership or disregarded entity.You have to understand that tax and legal matters are different. 1) for tax, you will be reporting on your personal return, Schedule E.2) for legal purpose, LLC is a separate entity, and it has to be treated separately from your personal finance.

Hello, I know this has probably been asked a million times but I could not find anything in the forum so here goes. My wife and I refinanced our first rental in order to purchase our second. We are in the finishing st...

Then pursue cash out with HML but with your credit you don't have many to choose from and won't be able to have a high LTV.

I worked in the tv/entertainment world for a few years before making the move back up to nor-cal and settled into marketing/design/video.

However, we do have some cash saved and also we can borrow from 401K if we choose to.

I choose to use an app called Tellus since its free and mobile and my tenants prefer a mobile system where they also get the notifications.

She takes a video of the house and we make an offer based on the walk through.Good luck

I'm putting together an email video series on the why, how and when of real estate investing.

So... just be careful what you choose. 

We've create videos walking them through their lease, done it in person, everything.