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...
Hi I am US investor from the UK. I am looking at purchasing a property in Cleveland Ohio via a land contract. The seller really wants the purchase to be made in my personal name. I explained to him I only invest via m...
As an LLC, can I build my personal credit at the same time as building my business credit? Or do I have to be a sole proprietorship?
Current tenant is renting a SFH as he transitions his technology sales and service business headquarters from another city. He stays in the property during the weekdays when needed so he is an ideal tenant as there i...
Any recommendations for a new insurance agency for my situation would be appreciated. I have four rental property's, and my personal home listed on my umbrella policy, but I recently purchased another property and the...
I am hoping there is an accountant that would be able to assist me with my question because I have hit a roadblock. A couple of years ago I created a Solo 401K account using funds from a frozen pension which was rolle...
Hey guys, let me know your thoughts on this one:
I always wondered how this scenario would work. Plz give me your opinions. I love LLCs but being a small newbie investor it is impossible for me to get loans f...
How can i do this??????
TL;DR - What's the best way to put personal cash into an LLC for a real estate syndication deal that will pay monthly cashflow? Also, if I borrow from my life insurance policy can I deduct the interest paid back to th...
Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...