Patrick Peterson
What are some Business Loan Prerequisites
Hi, I have a seasoned (over a year old) business and have been told a good way to get funding for starting my real-estate journey is through business loans. I do not know if my business can qualify for a loan because ...
Ane Deys
LLC purchase in multiple states
Hello all,
I am new to RE investing so looking for some advice / insight on a couple of issues; would appreciate any feedback I can get.I have 2 SDIRA LLCs created in Wyoming. I bought a property in FL with SDIRA fun...
Luis Rosello
Self directed IRA and LLCs
Hi, I want to buy my first investment property, and I'm trying to learn all I can about how to use my own money. I'm looking into setting up a self directed IRA, that I can manage through my LLC, but it's proving very...
Noah Laker
TAXES: Divorced client wants to sell
I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the communi...
John DiGiorgio
Delinquent Ad Valorem Taxes on Judicial Foreclosure
I bought a condo in mid-2015 at a Court Foreclosure Sale. I now realize that the bank did not pay the last two years of ad valorem taxes, for 2014 and 2015. The 2013 tax bill has the previous condo owners name, while ...
Mark S.
SMLLC Tax Extension Deadline
If someone files an extension and has a single member LLC (SMLLC), is the LLC’s extension due date 9/15 (or 9/16 this year) or 10/15?Even though in most cases it’s a disregarded entity for tax purposes, in Kentucky we...
Tess L.
Accounting Help! Transferring properties between my companies
Hi Everyone!
I’m a fairly new investor, I have some accounting questions I hope you can help with, because I’m tying my brain up in knots trying to work it out.
I came racing out of the gates and bought 5 houses in ...
Brie Schmidt
Too many loans? HELP
I own 3 properties in my personal name - I want to 1031 one of them into another investment property. The issue is I have 18 commercial loans to my LLC and I am 100% owner of the LLC so they are on my schedule E. My...
Todd Nordstrom
How will Lender look at this situation??
My wife and I currently rent here in Hawaii and I am looking to buy and hold out of state where I am from.Our current situation is I earn w-2 decent salary, same line of work for 16 years, same place for 10 years. My...
Roxanne Lembke
Realtor, do I need 2 years of tax returns to qualify?
Hi everyone, I am an agent and would like to buy my first home, (the irony, I know) I've done quite well my first year in the business, however I want to know if it is possible to qualify after only 1 year of tax retu...