Hey Folks. I am a newbie investor in the DC, MD and VA. Is it a best practice to open up a business as a LLC or whatever other entity before you start buying your 1st investment property to protect yourself financiall...
I have two rental properties that I feel may be better positioned in an LLC (rather than my personal holdings) - can anyone clarify that with me and also give me a quick low-down on how to move them into the LLC (woul...
Hello Everyone, I am looking into setting up an LLC and would like some advice on how I should approach this.
Here is my situation:
Currently I own 3 properties, (2) 1 families and (1) two unit. All are in my name....
I’m still kind of confused about this. My last post kind of confused me more lol. Can somebody please give me a step by step guide of how to transfer the title of property in Indianapolis that you closed on under your...
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
Hi, I am a newbie seeking legal advice regarding my first investment property. I hope someone can help who knows the ropes. Here is my situation:
I purchased my first investment property with 25% down and the rest of ...
Not sure this is the right place for this post but here it is anyways. I now have 4 SFH that i rent out and feel like its time to start thinking about some liability protection. I've started an LLC but still carry the...
Hello! I am in Sacramento, Ca and would like to know if anyone knows what alternative measures they are taking with the foreclosures and tax deed auctions since the courthouses are now closed due to the COVID virus? A...
If a few of you don't mind sharing, How do you (or your CPA) prefer to setup Quickbooks for rehabs.
Do you use class tracking?
Use a new company for each account?
How do you setup your chart of accounts?
Etc, etc.
...
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...