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Hi everyone,In order to start my real estate investing career and diversify my income streams from other than just my 9-5 and the stock market, I am planning on closing one of the personal investment accounts that I h...
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Hello Folks,
We have decided to hold an investment property in an LLC and are discussing financing strategies for the property and would like some advice.
Option 1: Get a commercial loan for the property under th...
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I am a small spec home builder. I build under 3-10 houses per year. My bank will lend me to my personal name enough money to build a large spec home at a much lower interest rate than my HML. I want to know what would...
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Hi everyone I work in the LA Market but we are recently Receiving a lot leads from others estate including New York, Pennsylvania, Florida, Colorado and North Carolina but I don't know the best practices to get in con...
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I am planning to do a 1031 exchange with a property that is held in my wife's name. I need to transfer it to my own name as the new (target) property in the 1031 exchange would need to be on my name as it will be cont...
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I have an SFH and a duplex as rentals, both with mortgages in my name. I want to protect myself and my family from lawsuits and was told by a friend to start an LLC and transfer the properties into that LLC. Since I h...
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My husband past away last year and someone else inherited his c corporation. However I inherited our winter place in Florida. Which belonged to the c corporation, are there any tax ramifications to either me or the ne...
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Do I need to recapture depreciation if I am transferring title into an LLC and assuming a new mortgage (commercial loan) under that LLC. I am the sole owner of 3 Single Family Rentals and am transferring the title of...
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Hi , I am holding IL realtor license as investor . Does anyone know how to get the Maryland realtor license ? Do I just need to take part of the exam or retake the whole course ?
Thanks
Lynn
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Hi, I have a rental property in Texas with a 75k private loan. Property is valued at 145k. I'm looking to do a cash out refinance on the property. It is currently in my LLC and all the lending choices I have come acro...