I am a partner in a hard money lending business, but sometimes a deal comes along that we are not interested in doing for whatever reason. Occasionally I will do a deal myself. In this case, I have a borrower who ne...
I have spent hours reading and cant find this answer. I've talked to 3 CPAs and they all say it depends (given, I haven't paid them it was an initial consolidation for each firm). Please. I need an easy answer. This i...
I regulary read a blog concerning financial planning and recently they were talking about RE asset protection via a DAPT.
http://bawldguy.com/last-minute-asset-protection-for-the-procrastinator/
Does anyone have any...
Happy New Year, everyone!
Getting right to the purpose of my post, with all the relevant context: I’m 52 and living near Seattle. I have a good FT job in education administration, but I want to retire asap, focusing ...
Hello BP and all commercial guysI own retail property and have been talking to potential tenants about a vacancy. I'm considering to hire a leasing broker to help me navigate and negotiate the lease. The leasing age...
Hello all, as the title describes can anyone spell this shit out for me? I live in Kings county California, I got my R.E License this year and will be renting out my primary residence as i am in contract to move to Fr...
Due to higher interest rates, what are your thoughts on buying a new primary residence rather than purchasing a new rental property with a higher interest rate? I've thinking about renting out my current home and pur...
Hi, I'm looking for some help to avoid legal and taxes issues. California based.I want to create a separate business that would be in charge of raising money to lend to my current LLC for flips. I want to keep it pret...
I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...
Hello all - this is my first BP post.I have a single family that is zoned for multi. I'm just completing work on adding a suite in the basement and a few other upgrades to force appreciation. I've only owned the home ...