Carlos Quiros
LLC Set Up
Good afternoon all-I am setting up an LLC for an out of state property (ohio) and my accountant just informed me that I also have to set up an LLC in my home state of California to pay for state, federal and gross in...
Scott Trench
Is there Any Reason to Be Bullish on Multifamily Right Now?
Hi Folks,
I just wrote an update to my prediction of a multifamily crash from 2023.
I looked at supply, demand, interest rates, and current pricing to create my outlook.
And, I was surprised. I was biased going i...
Derek Perez
How people structure a syndication
I've recently pitched a property to my investor. He's someone I have a relationship with. Here's the situation.
*First deal
*using his credit
*he finances the whole down payment
What's your guys/girls experiences...
Zeb Wallace
Pros and Cons - Registering LLC in-state vs. out of state
I have a property in CA that I want to put into an LLC.A lawyer advised me to register my LLC in Nevada and then complete the foreign entity process for the LLC to also be registered in California, where the property ...
Ivan Ivanov
How do you communicate with your tenants-text vs. email vs.letter
Hi all,Is text and/or email an acceptable way of discussing pending issues with your tenants? Or does any communication regarding rents, fees, utilities, etc. have to be done via mail? If for some reason you end up in...
Kin Lay
Game: Lower taxable income through real estate investing?
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
Caitlin Lutenske-Logan
CA Attorney Recommendations - LLC & Trust Formation
Hey, I have been searching for the right legal team to assist in entity formation, with anonymity and asset protection top of mind. I am interested in using WY Statutory Trusts and LLCs to box up each individual prope...
Ken Rishel
Chattel Lending on Manufactured Homes and SCRA
This is an excerpt from a client report:Many chattel lenders are under the impression that SCRA does not apply to them based on materials published by HUD in which HUD disclaims any authority over the chattel lending ...
Bryan Hancock
Have You Even Had a Seller Want To Keep Mineral Rights For a SFR Sale?
My sister-in-law is involved in buying a property in the DFW area where drilling and mineral rights issues are apparently a hot topic. The house is $300k+ in a nice area and the seller slipped in a provision in the l...
Juan Pablo Murillo
Benefits of Not Forming an LLC
Hello BPers,This past 2018 I purchased two rental properties under my name. The earnings are under an LLC after filing a quitclaim deed. I'm curious if there are any tax benefits of not renting your properties under a...