I am starting out as an investor and have done some reading on Series LLC. I searched in the forums and did not find an answer.
I have seen a setup as follows:
1. abc LLC (Parent LLC)
2. 1 Series LLC "cell" to manag...
Hi BP members; Formed an LLC registered in Colorado (state of residence) using self directed IRA (wife & I) in 2016. Finally purchased a residential single family home in Tucson, Arizona July 2019 using 50% mortga...
Hello everyone,I am just starting out with the Wholesale Real Estate process and appreciate any advise on this topic so that I have a clear understanding about the DOs and DONt in RE Investing with SDIRA.Is finder fee...
Should NOI subtract mortgage interest as an expense? The NOI formula that I am working off of is: NOI = Pre-tax annual rent income + other income - vacancy - operating expenses. Is mortgage interest included in NOI?...
Most people's eyes glaze over when you mention finanical statements and accounting to them. But I contest this is where the real money is made.
TRUTH = Once you understand your accounts you will make more money.
W...
Normally calculating annualized returns is very simple: sum all of the profits and divide by principal and by holding period. However, when there is a refinance event in the model, the cash flows are much lower becaus...
How do you get an HOA to their job in maintaining the exterior of a condo complex in houston Texas? Can you sue them?
I have had three Capital One cards for about seven years. They all three charge a yearly fee in addition to any credit charges so I opted to close them.. Do you think that this will hurt my credit?
Hey friends, I'm considering using a Self-Directed IRA to invest in a short-term vacation rental. So two questions: 1. Should I transition my current Traditional IRA to a Self-Directed ROTH IRA or keep it as a Self-Di...
Hi BPers,I bought a property under an LLC that I formed. I setup a business account where I deposit all the income in there. I also use the account to pay for debt service, tax, insurance. misc expeneses ....I list my...