Amy E Good
Quit Claiming Properties into an LLC in Florida
We purchased 3 properties outside of Tampa last year and are just getting around to Quit Claiming into our LLC's. I usually have the title companies do it for free at purchase where we currently invest. When I started...
Sardar Mustafa Khan
Why Can’t you Seller Finance FHA Loans?
Looking to do my first Down Payment arbitrage deal, but once setting up paperwork I noticed an FHA case number on the sellers loan documents. Does this prove that the seller has an FHA loan on the property? I always h...
Bienes Raices
Estimating septic costs
Is there a ballpark way of estimating septic costs for rentals (yearly cost to pump out, replacement of tank and drainfield if necessary after a certain number of years) when deciding to make an offer? These are usual...
Mayank Jain
Help me validate a hypothesis for STR taxes
Hi everyone, I'm a rookie, trying to validate the following hypothesis...To offset W2 income, buy an STR (have rentals of avg 7 days or less + use my 100+ hrs/yr to manage property) THEN use cost segregation + depreci...
Erin Glosson
Children considered occupants?
Getting ready to close on my first house-hack and will be inheriting tenants. Very excited! Here's my question. I was just looking over the lease for these tenants and it only lists the adults as occupants. I know th...
Lydia B.
Llc names
I need name ideas for an llc that's going to cover a realtor that also rents properties. My husband thinks using the persons name in the business name is tacky (no offence, he's not in rei)
Ryan Mosch
Wholesalers in Rochester, MN
Hey everyone! My wife (Ashley) and I are still looking for a 2nd house to purchase in Rochester, MN. We have been looking for about 6 months now and have made multiple offers on homes but have fallen short on every on...
Stephanie Windemuth
transferring title...what about title insurance?
We own a few multifamily properties. Those that are 5+ doors we have titled in the name of our LLC. We have a duplex that we purchased under our name and we recently deeded it to the LLC (we were upfront with our ba...
George Zev
LLC vs. Non-LLC
Hello,
I am interested in the pros v. cons to creating an LLC and operating under said implications.
A few questions I have top of mind:
Does it cost anything to hold an LLC in the state of Colorado?
Does...
William R. Matthews IV
Umbrella policy and land lord policy
Should I have/need both a landlord insurance policy and an umbrella insurance policy for my single family rentals? Thoughts?