David Lutz
Setting up a company to shield REI income
Afternoon all :) Appreciate everyone's help in advance. Would like some advice on how to minimize my tax liability by setting up a company.I own a primary home in CA, and out of state SFRs. Everything is under my ...
Tony T.
Do I have to set up an LLC?
If the purpose of an LLC is to protect my personal assets, can I forgo setting up an LLC and instead purchase personal liability insurance? Does anyone know the pros and cons of doing each? I honestly a little intimid...
Andrew K.
Canadian setting up an LLC in the US
Hi folks,We're Canadians living in Toronto and are planning to do some RE investing in the US (the local market in Toronto is absolutely nuts). We're just starting out and doing our homework into US opportunities. It ...
Frank B.
QuickBooks set up for Rentals, separated and consolidated?
I have done lots of reading around here about folks using QuickBooks for their rentals. I am interested in doing something similar, but I’m not sure I understand the capabilities of the different versions and how thin...
Wave Taylor
Setting up an LLC for Multi family properties
Is it a good idea to hold my properties in an LLC? Should I set up a seperate one for each property that I purchase?
Jon Passow
Collage courses to expand my REI skill set
I'm looking to take some courses at the local community collage to really add to my real estate skill set. My main business plan focus is doing BRRRR on multi-family units then quickly moving up to larger and larger a...
Mike R.
understanding expenses/taxes/legal set up in Illinois
himaking a long story short, we are considering investing in Illinois given family issues (these will be long distance investments), but don't know the ins and outs of owning multi family property in that State. Can ...
Hilary Hageman
First Rental - How to set rent, Property Insurance
My husband and I just purchased our first investment property: a 3 Bed, 1 Bath, 1075 sq. ft. single family home in Niles, Michigan. The asking price was $55K, we bought it "cash" (Home equity loan financed, $1,000 do...
Jason Cox
Applicant statements that set off subtle warning signals
I thought this might be an interesting topic. I'm talking about during pre-screening before you have run an application. Something that may not be a DQ but sets off your bad gut feeling (rightly or wrongly). I'm not r...
Tyler Davis
Setting up Insurance with new Property under contract
Hello!I have a done a few deals and have always had issues with the insurance part of the process. My issue is my Lender need's proof of insurance on the property before he signs off on it and gives the final okay to ...