Hello All, I have a rental property in California. It's currently in my Trust. I would like to bring the property in to a LLC (holding llc>Rental LL>Trust) in the future. Since this is a big process. I wanted...
This is a personal issue, not an issue with an investment of mine, but it involves rental real estate so I thought I'd ask for input from the community experts.
Several years ago my family went to a lawyer ...
I have read through a bunch of posts about land trusts on BP and am getting mixed signals on their worth. I wanted to know if you guys are utilizing them? If so what benefits do they have for your particular real ...
Hello BP,
this is my first post, so please bear with me.
I've been following and educating myself in investing, especially in creative investing (owner financing, lease options, etc.).
However, I recently came a...
Hi so I'm from California and investing in So. Florida. I was by default going to set up a Florida based LLC with my partner.This is a buy and hold, rental income property.How would you go about setting up an entity ...
I average 2 calls a week where someone calls me up and wants to buy one of my rental properties. I have heard the speeches so often I KNOW what they are gonna say next. Usually it starts out with, "we have bought a ...
Hi Everyone,Since I don't want to leave money on the table, can someone please give me the "in a nutshell" explanation to the following questions:1) Should I set up a revocable or irrevocable land trust on each proper...
Hi,If I have income and losses from different real estate activities (e.g rental loss and trust deed income), can the loss from rental business be offset against the income from trust deeds? If that matters, lets assu...
Because of using your real name and other info. to form an LLC and it being recorded in the system so the government will know you're doing some type of business and tax you accordingly, I feel that having a land trus...
Okay so I understand how it works with using a trust to wholesale, but my question is. Am I selling the property or am I selling the trust? There is a big difference in my opinion. Any one have a very clear cut case o...