Christopher Kolasa
Structuring a partnership agreement in Florida
My partner and I began our Florida LLC business partnership at the end of 2019 to purchase a rental investment property and we utilized an online partnership template to create a partnership agreement. Is this suffici...
Kirollos Toma
Setting up a LLC to buy properties how does the LLC get approved?
What type of business is best when planning to accept funds from investors to buy and fix properties ? LLC ?
How will my investors funds be subject to taxes ?
Martha Daisley
What is the liability in holding a note?
HelloFor any real estate attorneys in the group. What is the liability in holding a note?I am getting ready to start buying notes from a private lending company. The notes are all backed by investment properties and t...
Russ Eisenberg
Depreciation without income
I purchased a house for cash off a HELOC in 2022. It is in rehab now and no income has been generated from the property. My W2 life is very simple, so I typically just take the standard deduction. Do I need to itemi...
Jim Froehlich
Investment Home Refinance - "Front-End" Debt-to-Income Ratio
Scenario - one private home; multiple investment properties - when attempting to re-finance a hard money loan for ONE investment property, in terms of the "front-end" ratio (which I understand to be max 28%), does the...
Sahil Singla
Which properties are the best for maximum depreciation using cost segregation?
Hi everyone,I am an aspiring real estate investor and I got interested in real estate primarily due to the tax benefits. I want to reduce my w-2 income by running a short term rental and claiming bonus depreciation. I...
HJ Bercy
Best way to validate/verify a JV parntership program is legit! Dont want to be scam
I have had discussions with someone who is looking to JV partner on these properties and looking for $200,000. Below is some of the details of the deal.The question I have is how do I protect myself and confirm the c...
Brahm Kiran Singh
Out of state LLC formation
I live in California and am thinking of purchasing some property in Virginia. I want to keep the property under it's own LLC. The question I am mulling over is - which state to establish the LLC in? Is owning rental p...
Ali Samee
Sacramento Real Estate Attorney Suggestions?
Hello Everyone, trust this note finds you in good spirits and closing out a healthy happy 2017. Can anyone suggest a good RE attorney in Sacramento who can help w/ the following and navigate these questions cost effec...
Enrique Villarreal
Does sold equity in a property count as income!
AllI’m considering selling interest my primary residence to a partner in exchange for X% equity. I plan on moving out of the house at the same time and using the money as a down payment on my next primary. Would this...