I can't find anything about Umbrella Insurance among a group of investors. Me and two others are looking to invest in a SFH property. We don't want to form a LLC due to the poor finance options out there. Per the post...
Hello BPI am curious... How rare is the case if a lender (FannieMae) triggers due on sale when quitclaiming and transferring the deed from an individual to a partnership LLC? Would there be a kind of strategy to solve...
So I am thinking about selling shares (in the future) of a vacation rental property I intend to buy very soon. I am wondering what the tax implications of this are? I intend to hold it in an LLC in the first place and...
Hello everyone! I am about to pull the trigger on an 8 unit multi family building in Delavan WI. The property is located in an area that is appreciating and growing rapidly. This will be my first commercial multi fami...
Hello! We’re custom home builders in far west Texas (GPLLC) that recently purchased 9 acres for development (purchased in the name of GPLLC). We’ve decided the first phase of development will be 10 duplexes that we’ll...
Finally going to pull the trigger and get into RE investing. Was looking at duplexes, but found something a little nicer, with better ROI. More expensive than I want to spend for a 1st deal. Looking to partner, but sk...
I have a questions hopefully someone can help me here, I am transforming LLC from partnership to single member, on state level is fine, but I’m intrested on what to do on federal level? Do I need to dissolve entity an...
Good afternoon everyone,
I am looking for some general advice regarding structuring a deal that my brother-in-law and I are working on. This is our first deal, and we'll be purchasing the property below market value...
My partner and I have decided to pull the trigger and start flipping houses. We have $100,000 liquid funds to start with. My question is, should we start a company first? Should I register an S Corp before I rea...
Hi BP folks,So I've googled until I can google no more! I cannot find an answer to this question:Can my husband's IRA buy a property with a down payment, where the rest of the purchase price is covered by a private m...