Brian McCombs
Bookkeeping Best Practices?
25 February 2022 | 9 replies
So it ultimately saved me money, since I wasn't having to pay to have my accountant double enter items.I am curious though how 2 properties are 4 LLCs, that seems overly complex, and depending on how the LLCs are structured, it sounds like the PM reports won't really work anyways, unless they are treating each LLC as its own "property", independent of the actual properties.
Matthew Whitley
CPA in the Tampa area?
7 October 2021 | 0 replies
We are in the process of starting a few more businesses, only one of which has focus on real-estate, and would like to make sure our structures are in place properly, allowing us in the future the ability to sell or add partners or investors.Any recommendations would be greatly appreciated!
Joshuam R.
FL NEW BROKRAGE OWNERS=1 LIC BROKER PERSON+1 CAPITAL NON LIC
7 October 2021 | 0 replies
Greetings friends, thank you for your time in reading this post.My self non license person and a friend who is real estate broker want to establish a new brokerage (our own brand) We want to hear your wisdom and experiences if any for such structure.
Laurie McGuire
Struck Gold! Huntsville Al. market is like panning for gold.
7 October 2021 | 0 replies
It's practically a rebuild. 70's house that hasn't been touched since the 70's and needs foundation and structural repair.
Fred Kite
Self directed checkbook IRAs may be banned in latest tax bill
7 October 2021 | 0 replies
The current proposed bill has the following clause: "The bill also prevents investing in an entity in which the IRA owner is an officer." which is generally how the checkbook IRA is structured (IRA owner is the Manager of the single member LLC that is wholly owned by the IRA).See https://waysandmeans.house.gov...Also https://www.advantaira.com/blo...Sec. 138314.
Caroline Davis
Helpful Hints for Residential and Investment
7 October 2021 | 0 replies
Staying current on market changes, possessing the experience to structure the offer that a seller will accept is very valuable!
Mason Fausnaught
New REI financing questions.
7 October 2021 | 0 replies
The home foreclosure was due to failure to pay, certainly not neglect or structural issues.
Mike McKeown
Thoughts on Condos/townhomes vs single family units from afar?
5 November 2021 | 19 replies
In general, when you own the structure, there is more work.
Charles Rogers
Taking Silent Investors and HML
18 October 2021 | 2 replies
How do you typically structure your deals when doing this?
Sriram Kumar Bikkina
Multi-family Investing Guidance Needed for a Newbie
13 October 2021 | 13 replies
I still take courses to save time from searching around and prefer a structure.