Can anyone respond with their thoughts on land trusts set up for each IP. Pros and cons. Who do you use to set up. How much does it cost.
Death & taxes .... Don do flips. Waste of time & money. Why would you want to work hard to pay ordinary Federal & state taxes, self employment, medicare and what not? Why to give 50+ percent of your profi...
My wife and I own a rental property, under an LLC with both of us are 2 members. I want to create a living trust to avoid probate and also want my sons to continue the business after we passed. How can I transfer the ...
Hello,I've been searching the market for my first investment and unfortunately I'm struggling to pull the trigger. I had my first deal under contract but it was a short sale and died two days before closing. Long st...
Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has
My dad owns a duplex outright, valued ~350k, and renting for $2,200/mo. The return on equity isn't ideal, but he's retired and holds the property as a stable source of income. He doesn't like being a landlord. I have ...
I've been searching your posts this week and they're very insightful. We have a condo in a desirable historic neighborhood in Arlington, VA. We need to sell now to avoid capital gains or rent forever, as we see it. ...
I have a tax question that I hope someone can point me in the right direction.I had a loan on one rental and a loan on my primary home. In 2016, I refinanced my home in 2016 loan and cashed out enough extra to pay-off...
I am a landlord with a few rental properties and recently acquired a church with an attached house (rectory) which is on the national register. I have rented the rectory out to help pay the significant expenses of re...
Hello all,I am a VERY new and green to REI. I know I am a ways off from pulling the trigger on my first property, but I am interested in rentals out of state. I am a California resident and would like some advise from...