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3 August 2024 | 3 replies
Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence.
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6 August 2024 | 32 replies
It is well established that states are allowed to regulate licensure etc.
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3 August 2024 | 3 replies
None of the names listed above appear to be pivoting into the homeowner association space, yet here in the northeast USA it's still quite a fragmented industry outside of the major urban centers with established and deep-pocketed PM firms.
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2 August 2024 | 7 replies
If you want a lender for a property on the island, they must have an established bricks and motor bank on the island.
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4 August 2024 | 30 replies
This has been well established for a long time.
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2 August 2024 | 7 replies
Hi everyone,As a newbie in the world of Real Estate Investing (REI), I'm eager to establish a strong foundation for managing my finances.To streamline this process and stay organized, I'm seeking recommendations for user-friendly online bookkeeping tools specifically designed for REI.
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1 August 2024 | 2 replies
Is this possible even without already having an established business?
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4 August 2024 | 37 replies
I have established a group of professionals that are a phone call away when I need service.
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2 August 2024 | 5 replies
This would then allow you to start establishing a business identity (obtaining an EIN, business checking account, et al.)3.
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31 July 2024 | 2 replies
We are on the final stretch in getting a debt fund established; and look forward to the increased liquidity it will allow us to pull in.