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So I was thinking about setting up a LLC for the next rental property I buy, to add some separation between my rental and my personal assets. However, I was speaking with an attorney and he said that a simple single m...
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Hello~ I currently live in Illinois burbs but I'm looking to potentially invest in Indiana. Wife and I both went to college at IU & Purdue respectively and looking to branch out over there. We are trying to stay...
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Closing a deal can be a real rollercoaster ride! So many tasks, so much stress, and complications galore. But fear not, there’s a way to power through - the almighty checklist! It's like having a personal assistant wh...
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I don't currently have insurance, just a bunch of mail pieces from local Co.'s I've yet to look i into, and have never bought insurance so I've not a clue how it works but recently been having people over for differen...
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Hello investors, Should I create an LLC to start buying properties with? Specifically, the plan is to buy single family and small multifamily homes to rent out. What are the tax benefits of buying these properties und...
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Hello Everyone,
Thank you for taking the time to read my post. I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate. My journey has introduced me...
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Hello I just recently bought my first investment property which is a higher-end condo and I have a question regarding the prescreening process. I've already posted the listing on several sites and I seem to be getting...
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Well I close in a few weeks on my first rental. It is a duplex with a current tenant and I will occupy the other side (owner occupy). I have tons of books all of which I have read cover to cover, however I would like ...
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Curious if anyone on the forum has experience with the tax-free sale of a primary residence (up to $250k if single) concurrent with military deployments.
1) As I understand the tax code, if you live in a h...