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Hello fellow investors, I am contemplating setting up my new rental property investment business via a Wyoming or Nevada S Corps holding company and one LLC per rental property I buy in multiple states. However, if I ...
I have a project in the Islands that was a referral from an affluent Palm Beach friend. Needless to say the developer is one of the largest on his Island and his net worth personally is vast not to mention his company...
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Hello everyone,Knowing that these can be very muddy waters at times, my wife and I have been struggling through the IRA real estate investment information available on the internet. It is plentiful, but not sure, some...
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Hello I am currently setting up a bank account with my ADU that I am renting out. I am curious if there was a bank or app that you guys have used to keep your accounts separate, what kind of account, and how easy was ...
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I am about to start my wholesaling journey. I've looked for hard money loans but so far do not really qualify yet. Then it hit me: what about transactional funds? I am aware of dozens of transactional lenders who don'...
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I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property. I personally g/tee these loans.
Rates have moved ...
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My wife and I currently have three Ally savings accounts:
1). Emergency fund (4 months or so)
2). Investment savings (automatic contributions each pay period and dedicated to investments outside of our Roth/401k’s)
2...
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Hey team, tax question: I know, moving forward for 2018, that HELOC interest is tax deductible IF, for example, the funds are used for improvements to a home. Does anyone know how the IRS would know/track that? For ex...
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I have to do more information on this topic but have any of you investors use this technique to fund one of your deals? Brief summary what I know on it. So basically you use someone’s 401K plan and IRA to fund you dea...
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Hello,I have 2 full time STVR Properties that have substantial home equity ($400k each). I am looking to be more active in real estate investing primarily in shorter term fix and flips. I spoke to my banker today an...