Melissa Stanley
Starting with a Friend (LLC?)
I’m hoping to purchase a few properties with a friend/business partner but after meeting with a lawyer am even more confused. Any advice on what setup is easiest and most tax advantaged?I’m a high income W2 earner get...
Ruben Wollerich
Selling Property Shares to Convert Into Higher Cash-Flow
Hi all! We currently operate a student housing brand with four houses in which we long-term lease properties, furnish, decorate and divide more rooms, and rent it out to students. Our margins are (when 100% occupancy)...
Ana Gosh
Insurance for rental properties
Is it better to have one insurance company for all rental properties or spread them out with different companies? Pros and cons?Thank you.
Walter Bennett
When Do You Reccomend Accelerated Depreciation
I’ve got a commercial building worth little over $600,000 and a 8 unit apartment building worth probably $500,000. My question is at what point do you recommend accelerated depreciation? I know it’s expensive to set...
Jimmy Suszynski
REI Business with foreign partner - too much info to dissect
My inlaws have taken interest in our real estate investing and would like to invest for both of our benefits. They're not from a country with a tax treaty with the U.S. So we either take the 30% flat tax or treat the ...
Leah Bates
How do you keep business expenses and revenue organized?
Before I jump in to this investment property journey, I’m curious to learn how you set up business expenses, rent collection, update costs, etc organized so it’s easy for tax time and analysis.are there programs or sy...
Calvin Lin
Buying a 6+ unit apt complex in Connecticut
Hi all,I had experience buying multi-family before. However, this time, I want to set up an LLC and am looking for 6+ unit apt complex in Connecticut. I'm from MA and will land my job in CT. I don't have any connectio...
Jasper Sawyer
Questions about LLC Structure.
I am a Buy and Hold investor that currently has 2 properties that are currently in my wife and I personal names. I am looking wanting to set up and LLC to better separate my business expenses from my personal expense...
Ryan Sanders
LLC required for "official" business name?
I want to make the name of my business official in my state of Colorado, and it looks like I might need to set up an LLC first so the business is actually a business. Does that sound right? Or could I be missing somet...
Samantha Kincaid
How to set up bank accounts
We are closing on our first duplex any day. Should I create a new checking and savings account strictly for rents/expenses? What are the advantages, as opposed to using our personal account which in this first year wi...