What are the pros and cons of landlording as an LLC?
Hello all,
I am a chef that bought a live and flip to get my foot in the door with real estate. I bought a foreclosure and fixed it up my self and added a bed room and bathroom on to the house. The restaurant I was...
Bill Gulley Does anyone know if a private individual who funds mortgages is required to provide a TIL? If so, and they failed to do so, what are the penalties? Thanks.
Where do I start reading about this stuff?
I googled for a while until I found this link: http://www.propertyinvestmentproject.co.uk/blog/using-a-company-to-save-tax-on-rental-income which unfortunately is only valid ...
What is a tax sale?In the United States, anyone who owns property must pay some sort of real estate tax to the government. The taxes that are collected pay for public services, such as, hospitals, schools, law enforce...
When protecting your assets, build a castle not a fence. You’ve made the effort to make your money, now keep it. You’ve built a fence to protect your assets by using an LLC, now learn how using the awesome power of Ir...
Hello All,Most states have have web accessible property databases at the city or county level. I'm coming up empty when looking for anything of the sort in the state of NJ. Also, no luck on getting access to foreclosu...
State/county specific question. The property is located in cook county. I purchased the property on the Sheriff’s sale. I am not 100% sure if the current owner lives there. I peeked into the mailbox and the mail is ad...
What is so good about having a single member LLC in florida vs Texas? Texas costs $300 to form vs Florida at $150 and they to have state income tax both very flexible. Does anyone have better information on this subject?
I want to purchase 3 connecting lots of land as one land purchase. I plan on separating the lots after closure, and I want to hold onto the property for 1 year. I want to 1031 exchange all 3 lots individually so I don...