Hi there. My dad is in jail. He will soon go to prison for the rest of his natural life since he is already old. I am his general durable POA. I am also his vanguard POA/full agent. He has a traditional IRA. I would l...
Hi all,any thoughts on whether LLC or S-Corp for Airbnb income? I'm thinking of an LLC taxed as an S-Corp.Also, I'm looking to buy my first rental property with my father. We'd both put up half of the equity-- woul...
Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying al...
So I currently have one rental property. It is under my name and not an LLC, but I plan to create an LLC and quit-claim it very soon (any advise on this would be greatly appreciated).I have been using my personal che...
Hi guys, I was at an asset protection conference and one of those guru's who tries to sell you a tablet and a "program" was all about index linked overfunded insurance and I liked some of what I heard. The idea being...
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
As an wholesaler, when is it smart to decide to form a LLC? Do I wait to build traction in the business or should start one right away. The purpose for this question is due to the tax benefits that may come with an en...
I am just starting out in Real Estate and purchased my first property a Month ago, looking to close on my second unit in December. I feel I have a very solid approach to starting out investing and would like some f...
On the BiggerPockets Blog, our contributor, Clint Coons - an attorney focused on asset protection - wrote an important post that anyone raising capital for their real estate investments needs to read.
Please make sur...