Michael Sholtis
Banker that is Familiar with Land Trusts
Can anyone share a banking manager/associate they work with who is familiar with land trusts?My bank has done it for me in the past but I bought this building with a partner for some reason their system will not let a...
Mehran K.
Conventional Loan Strategies with Partners - JV/LLC Issue
Hi all, question on an issue I'm encountering:Back Story: I originally contact my portfolio lender (who does conventional FNMA/FMCC loans as well), to ask if he does 30 year conventional loans to LLC's with personal g...
Arthur Nogueira
LLC + Land Trust
ISO Lawyer that is familiar with the process of opening a LLC + Land Trust for me and my partners. I've been doing a little bit of research to become familiar on setting up LLCs for investment properties and came acro...
Pandu Chimata
Partnership property in Trust
Here is the scenario: My partner (not spouse) and I own an investment property,equal partnership. So when we bough the property, my partner name and my name is on the county deed. I recently established a family trust...
Bob Stein
Can one partner evict a tenant?
Hi. I own a property with a few partners. Our names are all listed on the deed as individuals, tenants-in-common. We do not have any agreement between us. I informed a tenant that he should pay my share of the rent di...
Michael Sholtis
Land Trust Banking Questions
Details: I am buying a building with a partner. I am using my self-directed IRA to purchase my half. We plan on taking the property in trust where he and my IRA are the beneficiaries and our trustee is just a mutual f...
Sean Willette
Is it necessary to form an entity in CA if investing out of state
Hi everyone, my brother/business partner and I have a call with our CPA on Monday. We have a quick question that maybe some seasoned investors can help us with.
We live in CA, are going to partner up on an LP deal i...
Victor Alfonso
Tax Prep Handling on Partnership Properties
Hey Y'all - Long time BP lurker, minimal poster. I purchased a couple of SFR properties in Metro Atlanta in 2022 with a partner and had a couple questions regarding the tax preparation for them. In the first scenari...
Oleg P.
N.California 50/50 partners couple rentals & assets protection
Hello,I and my partner have purchased 4 rental properties 50/50% in Northern California, I manage them while he does repairs, we also live in California.We have landlord insurance and hefty Umbrellas on top of it.The ...
Kris Kempe
Loaded real estate question
Hey guys, I have a few questions just before signing this purchase and sale agreement with my partner. Thanks for all the help.I just wanna make sure I’m protected, what happens if my partner stops answering
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