Currently our LLC is on the deed for a rehab we are finishing up.  We would like to purchase the home for personal use but need to cash out the market value to pay back investment into property.  Does anyone know if w...

I plan to complete a cash purchase of a property with personal funds, closing it into an existing S Corp that I would be joining (Illinois), which right now has minimal assets.  As I am new to the business of real est...

This is largely a tax related question, but if there are other legal or financial or insurance things I should think about, please chime in.We have a SFR that is the first rental unit we owned.  We used to live in it....

Hello! So I'm doing some research on incorporating or maybe doing business as an LLC. As I gather info I thought I'd tap into the wealth of experience here. With that in mind... here's the story...My parents own a 4 s...

Planning to close on our first investment property in the next month or 2 (If all goes well). We have a personal checking and savings right now. We will be starting a business checking and savings with a different ban...

I'm running numbers on a four plex.   The water bill seems high.  What can you do to save water / money?  What is the process of getting seperate meters for each unit?  Are there other ways to split the bill ?  

Hello! So, friend bought a property cash under their name and now refinancing (cash-out refinance) the property into an LLC that is jointly owned by both of us. The lender insists on paying the proceeds or the cash-ou...

Hello All - new user, first post so please bear with me.Two friends and myself are looking to purchase a rental property together.  We will be contributing equal amounts into the down payment, duties, etc.  What is th...

I have just found out about a Solo401K. I have a small company on the side. I am a sole-proprietor but I still have a day job. Is it possible to fund a solo401k from my day job 401k and still keep the day job 401k? Ho...

This was a 4-unit building neglected by the previous owner, with deferred maintenance and extended vacancy. C+ asset when purchased in a prime B+ location within walking distance to burgeoning “Main St” strip of nume...