Finally, on June 2, I closed escrow on my property purchase in San Diego—a significant investment goal I had been working towards. While this accomplishment is exciting, the process was strenuous and challenging. Toda...
Any tax pro's out there?
If I own a LLC that owns an apartment building, do I have to pay self employment taxes on the cashflow each month? I know normally passive income does not get taxed with self employment, but...
I own four multi-units with three different LLC's. I will be buying more property as I am able along the way. My question is: Should I form a Property Management LLC, RE Holding Co, or a Series LLC? Currently my three...
I’m looking for my first deal to BRRR. I have a partner who is ready to invest with me ,but I’m going back and forth on whether I should search for my own deal and try to analyze it myself or should I find a realtor w...
Hi there, as a newbie investor (we have acquired 3 SFH properties so far since September of this year) a thought came to our minds about putting up our business in an LLC. Do we really need to do that? Thank you all i...
Hi Everyone,We own a duplex in NE Portland. We are planning to convert the unfinished basement into a third unit. Our lot is zoned R2.5. Our understanding is that the Residential Infill Project (RIP) will make this ea...
Hello everyone! My name is Adam Smith I am 24 years old and I am a full time student at the moment pursuing a degree in construction management. I have been in the construction industry since I was about 14 and I have...
My real estate partner and I just completed our first BRRRRR. Bought the property for 83k, put in 37k, found a renter for $1350/month, and appraised for 180k. Sounds like a huge win (which it is) but the high appraisa...
To achieve your objectives and safeguard your assets, you must organize your real estate company properly. My personal experiences have taught me a few things that might help you accomplish this.
A Limited Liability ...
To achieve your objectives and safeguard your assets, you must organize your real estate company properly. Based on my personal experiences, I can provide you some suggestions on how to accomplish this.
I would advis...