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20 June 2018 | 8 replies
If the LLC is a single member LLC that chooses to be taxed as a sold proprietor (meaning it doesn't file it's own tax return and all activity of the property is reported on your personal tax return) the the IRS still views you as the tax payer for the property regardless that the LLC is the deed holder.
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27 June 2018 | 8 replies
I understand that while my job is stable and I make "decent" money as a single mom, what am I truly working for?
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20 June 2018 | 6 replies
You may also want to start talking with your bank to to see what kind of loan you could get and in what price point.Best of luck.
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25 June 2018 | 40 replies
I personally don't take votes into consideration much as they aren't a true reflection of your contributions.You can post incredibly valuable content to help other members and they still may not vote for your post.This doesn't make your post/insight/information any less useful it just means they didn't click the little button.There are plenty of people like myself with higher posts than votes because we interact a lot with others on BP.I can't expect to get a vote every single time I reply to a conversation I'm having with someone in a thread.
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20 June 2018 | 5 replies
Brian, I would guess you would need to form a new LLC, to be a Single Purpose Entity (SPE).
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27 June 2018 | 13 replies
I'm interested in both Single Family and Multi-Family homes as long as the numbers make sense, obviously.Can anyone provide suggestions for financing my first deal?
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21 June 2018 | 9 replies
The moral of the story---Single Family Homes are a dream compared to Class C or D apartments.
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20 June 2018 | 6 replies
10 unit apartment (1bed/1bath all units) vs 10 single family home portfolio (3bed/1bth)
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27 June 2018 | 16 replies
I am analyzing deals as best as I can and if we don't find a duplex that makes sense as a rental around the time we want to move we will definitely consider a single-family home.
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24 June 2018 | 1 reply
I want to get into the market soon and begin with single family homes.