Is a LLC necessary for conducting a wholesale deal?
Looking for a CPA with SDIRA experience. Open to working remotely if they are out of the Houston area.
Say if you have a project that sells for $5 million but there is some form of seller financing where the buyer pays $2 million upfront and then the rest is paid over a 3 year period. Cost basis is say $1 million and ...
What would be the downside of taking out $100k from my 401k to invest in rentals using the BRRR method? Many of the books I’ve read discuss how a 401k is a risky investment because you don’t have control of your own m...
Folks
I have been doing some reading on this topic. I am a passive investor and typically invest directly in apartment syndicates or funds. Given returns are fairly muted now and historically the stock market has ret...
HelloI'm working on a deal with a couple who have owned a property since 1989 that I'm looking to acquire.Here is the quick rundown of what info I've gathered:Purchase price $89,000Sale price (pending) $280,000mortga...
When I first started out about 15 years ago my business partner put two properties into an S Corp. The two properties are owned outright no debt. My question is how can I convert this into an LLC? I realize now it ne...
August of 2015 we purchased a property as an investment it required full rehab. 1500 sq ft 2/2 complete new baths and new kitchen all new hvac updated all electrical and restored original hard wood floors. Home is wha...
Not sure what fortum to post this is so just dropping it here....just had the wonderful (sarcasm) discussion of how my elderly mom can best pass her house to her children when she passes. :(so im looking for info to...
Looking to potentially invest in other states for commercial REI. I was wondering about the proper entity structure and potential tax or other implications of doing so. Is this a situation where I could incorporate as...