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I've been managing for over 2years , all of the income has been used for the company (llc). Now I want to start taking a salary? How do you do it? Monthly or one allotment per year/quarter? Love to hear how other...
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How do most real estate investors deal with tax filing? Do you just hire a CPA/tax advisor before buying your first deal or do you do it yourself to understand legal/tax things better? Also do you have any advise/reco...
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Hi, I have been interested in income property for a few years now and want guidance in getting set up. I am in my early 20s right now and still living at my parents rent free.
I have the idea of moving into a duplex ...
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What is the best structure to own American rental properties for a Canadian citizen & resident. I am planning to go for Limited partnership. Is it possible to have a level below Limited partnership to know diff...
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Hello,
I am seeking advice from experienced money lenders on how they structured terms, what entities used in regards to legal/tax, checklist/requirements on who to lend to, how they vet borrowers, documents asked fo...
I bought a single family home April 2018 using the VA LOAN. It is my primary place of residence and the only property I have.I’m planning on renting out 1 of my spare rooms to a close friend. I pay 1,300/mo on the mor...
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Subject is pretty straightforward. I’m looking to set up a Series LLC. Most of my properties would be in OK, which also recognizes Series. But I have some questions about the legal/tax implications of having the maste...
Im meeting with an attorney tomorrow for a consult about establishing an LLC for myself. Ive done some reading and have a list of questions but I would absolutely appreciate advice on what to ask this guy, as i'm pay...
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I very recently read (audiobooked) 'Invested' by Danielle Town. Its focus is on stocks, but it's modeled after how Warren Buffet, Charlie Munger, and her own father Phil Town use Rule #1 Value Investing to pick a stoc...
Want to pay ZERO taxes next year? If you own real estate or are building a portfolio, there’s a good chance that you can legally keep your profits away from Uncle Sam. But you’ll need one thing before you can do so. O...