Nick Hudspeth
Should I form a LLC for House Hacking?
I am in the middle of purchasing a duplex in order to house hack. Should I set up a LLC to collect the rent payments? or should I just collect them in my name?
Will the LLC give me any tax benefits or anything?
I p...
Teri B.
Can I take title in our names to offset LLC profit?
Hello,I try not to mooch info, but I can't get time with a CPA fast enough to ask. I tried.No legal/professional advice assumed, if you reply. Sold a house in June. Meant to be a buy and hold, but sold due to a mov...
Daniel Dietz
Syndications - Are Accredited Inv. Allowed To Use Funds from JVs?
Hello,I have not yet invested in a Syndication, but am planning on selling some SFHs soon and heading that direction. I understand most of the rules, structures etc...... I own those SFHs in both a JV and LLCs with a ...
Michael Krassos
Landlord/Screening Question
Hello all, hoping to become a landlord soon in NJ and want to manage my own properties. Can any experienced landlords in NJ ( who know the NJ laws) recommend best practice steps to take, and are there a free applicat...
Earl Stewart Jr
DBA vs Registering as Foreign LLC
I have 2 questions. My home state is Illinois and I am considering Delaware, Nevada, or Wyoming to form my series LLC due to the cost but yet do business in Illinois. I know that I would have to register my Delaware L...
Lashinda Winters
Terminating a Contract
Hello All,
My first wholesale deal is not going as expected. I've asked the homeowners to go down on our original price of $93K to $85K because I have a buyer. This amount is actually the payoff amount and no...
Account Closed
Form an LLC in Nevada and operate out of Illinois?
Hello BP,
I'm planning to build 10+ spec homes in state of Illinois over next a couple of years. The plan is to build and rent and perhaps sell off a few as we go along. I have a partner who lives locally and...
Vincent G.
How to deny qualified applicants?
Can someone please share experiences of denying qualified applicants? If there are multiple applicants who meet the minimum qualifications, how do we take the preferred one and deny the rest applicants the right way?
Kenneth Shultz
How to Find the Right CPA or Attorney
Hello everyone,I run two companies in the Richmond, Virginia area. One company is a property investment company, and the other company is a professional services firm (Architecture and Engineering). They are both side...
Candice Jensen
LLC or Personal Property
Hello group! I've been managing my family's property (11 units) for 4 years now. After lots of learning, my husband and I are ready to start our own portfolio. I hoping to schedule a meeting with a CPA this week, but ...