Sharad M.
Managing contractors
10 July 2011 | 27 replies
Sharad,As a contractor, I can give some insight from that perspective.
Mel Rosario
Who is Liable in this scenario?
13 July 2011 | 7 replies
So from this perspective, it might not be permitted.But I also agree with those above who already said that: If they couldn't pay for their housing expense when they had ownership, then why would you expect them to pay for housing when they no longer have ownership?
Joshua Dorkin
It is not the agent's responsibility to know what repairs are needed! Really?
15 July 2011 | 30 replies
That's probably a different topic, but I am looking at from strictly a service perspective and not fiduciary perspective.
Wayne M.
IRA for rental property
18 July 2011 | 25 replies
I think he would also be able to give you some real good advice and maybe even different perspective.
Robert M.
Book recommendations for Valuing properties
15 July 2011 | 5 replies
Hello,I'm looking for book recommendations for valuing properties from a buyers perspective.
Matthew J. T.
Putting contract under your name or under business name?
16 July 2011 | 6 replies
And you will also be considered a "Dealer" for those properties that you wholesale.As for whether you do it through your personal name or company, I don't think the liability is going to be much different if you're not planning to actually close on any properties (though I'm not an attorney and I'm sure there are some edge cases where it does make a difference).From a tax perspective, if you have an S-Corp or an LLC taxed as an S-Corp, you may be able to save on self employment taxes for a portion of your income if you buy/sell through the business.
Stella Chan
What are the best RE Investment books you ever read?
13 September 2011 | 20 replies
It's a brilliant book that can give you a macro perspective on the real estate game, and would be an excellent complement to your other readings like Millionaire Real Estate Investor which is also a great book.
Jeremy Salvador
Best Legal Entity For Investment Property
8 August 2011 | 36 replies
Jeremy,There are only two choices that make sense:1) Limited Liability Company (LLC)2) Personal OwnershipFrom an asset protection perspective, the attorneys will tell you to use an LLC, because it may protect your personal assets in case something awful happens that results in a large liability lawsuit.However, an LLC will thrust you into the wonderful world (sarcasm) of commercial lending.
Joshua Dorkin
US Credit Downgraded from AAA to AA+
8 August 2011 | 37 replies
From a fiscal perspective, easing tax burdens and not necessarily in lower rates.
Keith Saunders
Major Banks Forging Ownership Documents
16 August 2011 | 20 replies
The "seller" in this case is a company that doesn't exist from the secretary of state's office perspective.