Josh Marcus
LLC question for soon to be rental property
I purchased a home in Georgia a few years ago to utilize as my primary residence but just recently accepted a job in Florida. I've decided to turn the Georgia property into a rental but want to protect my assets by...
Jamie Quint
Bank Account Structure Help Needed
I may be inheriting management responsibilities for a few rental properties soon. The current setup is a mess, with funds intermingled between buildings for cost of repairs, maintenance, rental income, etc.
Is there ...
Mike X.
Security deposit and last month rent in Florida
My tenants provided me sercurity deposit and first / last month rent at lease signing.As I understand that Florida law require that security deposit to be held in separate bank account. But I'm not quite sure if last ...
Steve Bruza
How to properly use my LLC
My wife and I have a member managed LLC for about ten years. We own two rental properties in the name of the LLC and we own 10 more rental properties in our personal names. All of our properties have mortgages on th...
Shankar Bhagwandeen
Are there companies I can use to invest in SelfDirect Ira?
I would like to get investing in Self Directed IRA . Are there companies out there that I can use?
Loren Howard
How Do You Build a REI Team?
No one accomplishes anything alone! YOU NEED A TEAM!!! The Mentor, The Realtor, The Accountant, Contractor, The Property Manager, and Investor! Who are you missing on the team? Did I forget to add someone? How did you...
Larry Spradling
Tax question from a newbie
2018 was my first year of owning properties. I bought two turnkey properties and received a 1099 for the rental income they generated. I entered this info into Turbo Tax. I was expecting some tax benefits. Am I mi...
Klodian H.
Self Directed IRAs/Accounts
Is anyone working with Self Directed IRAs? I took a seminar and I was told that putting your properties under IRA SD, SOLO, Goldern, HSA, and Coverdell and that this provides great protection for your assets and lim...
Ryan Moore
how to get these funds to count for a commercial loan downpayment
I want to purchase a 5-unit property with a commercial loan. I plan to borrow some funds towards the downpayment. I was told that money needs to season for 60 days in my account before closing. This money will be c...
Brandon Parkes
Establishing TRUST with a new property manager!!!
I'm a Canadian citizen, living in Canada and for the past 7 years have purchased and self managed my sfh rental properties around the Greater Toronto area. As I am sure you know, the house prices here are ridiculous a...