Account Closed
I made a llc before opening up a holding company.
I want to make a holding company as a parent company to separate my investment taxes from my personal. But I bought a property and made a llc before opening a holding company.
Rich Weese
Need net worth for financing? New poll
A current thread talks about those underwater on mortgages or negative net worth. I decided to ask a simple question. I believe more than 2/3 of PUBLIC has current negative net worth. Lots of reasons: underwater on ho...
Aaron Smith
Who to get for Umbrella Insurance Policy for 20+ Properties?
Hi BP, I have over 20 properties, most in my personal name but a few in an LLC. I want to get an umbrella policy to cover all of these properties on top of the $1,000,000 liability I already have on each property. M...
Jeff Soloway
Cloud on Title - HELP! - Quite Title Action
I recently put together a wholesale deal. Yesterday, five days before the closing, the title company contacted me and said that there is an issue with the chain of title. Here's the story:In 1965 person A sold the pro...
Cordell M.
Property Insurance in PA
Shopping around for quotes for property insurance in PA (southeast portion, Lancaster & Burks county areas). Anyone with agent or company recommendations? Thank-you for your time!
Lauren M.
Benefit of using PM name or business name for utilities
I am in the process of firing our PM company. All utilities were set up in their name and they would deduct the bills from collected rent before paying me for the month. To gain more control, I decided to set up utili...
Keith A.
Umbrella insurance covering multiple properties
I've been looking and getting quotes on personal umbrella insurance and noticed that they have limits on the number of properties that can be added. One had 3 and the other had 6. We are looking to find one which ha...
Sean Thompson
Llc flow through question
Hello . I'm just getting started. Currently have one property. I'm wondering how to best maximize taxes while staying legal. --
I know that businesses don't get taxed on their expenses, only the profits. From that sta...
Shane Short
Turnkey rental companies? (Portland, OR and Detroit, MI)
Hello everyone, I'm in search of good Turnkey rental companies that sell properties in Portland, OR and Detroit, MI. Preferably referrals for companies you've personally worked with and have a good history with. Regards,
Chad Friesen
Holding company
Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...