When someone pays me for an LLC, they are mainly paying for creating the operating agreement that governs the operations of the LLC.

It is decided on the partnership level and depends on whether this interest is incidental to your main business or it IS your main business, as well as the overall activities of the partnership, number of loans etc.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

This psychological trap causes us to stick with a plan even if it no longer serves us and the costs clearly outweigh the benefits."

I’m exploring a potential investment in Salisbury, NC and would love some insight from those familiar with the area.Here’s the situation: there’s a 3 bed/2 bath home listed for $170K, but the owner said they’d take $130K if the current tenants (who are paying $1,600/month) can stay.

Purchase price: $630,000 Cash invested: $30,000 I was selling another property and used the 1031 exchange fund to put down the downpayment for this property, and it was cash-flowing from day one.

I reviewed Form 8824 and after much research I generally feel comfortable completing the form as well as how to depreciate the carryover basis and additional (or excess) basis using either of the two allowable methods (general and simplified methods).  

Here are ten cities and areas that offer multi family investment growth and opportunity: Eugene  - The heart of the State.

I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

Google search will provide the answer.