Hi there,I'm selling a single family home in upstate NY (owned by an LLC that is in turn owned by myself and my sister). We are also part owners in a small commercial property (also structured as an LLC) also based i...
I am interested in purchasing properties with small groups of families for student housing (their kids). Each property will be purchase and manage through a seperate LLC. 1. As the managing partner, will I need to q...
During the 08 crisis I qualified for a HAMP loan mod that included a large principal reduction as my home was 50% below purchase price. I also had filed bankruptcy around the same time, and later found out that the le...
I just bought my first SFH and am closing on my second at the end of this month. Both are located in Toledo. I live in CA. Im trying to figure out what my real needs are for an LLC. My questions are:Anyone just us...
Hello all - this is my first BP post.I have a single family that is zoned for multi. I'm just completing work on adding a suite in the basement and a few other upgrades to force appreciation. I've only owned the home ...
Hi all! I'm on a whirlwind education of 1031 land and have been analyzing how to maximize my results on a recent sale. I'm curious any sage advice on my approach, from those of you perhaps more seasoned here... SOLD: ...
Property 1: Purchased as primary residence in Feb/2020. It is a SFH with an attached in-law suite. Main house has been a short-term rental since March/2020.In law suite was my primary residence from Feb/2020 - Feb/202...
I'm reading Rich Dad, Poor Dad and just got to the chapter on personal corporations. I wondering if people are setting up some kind of a family corporation (and how that works), or just business corps for the RE inves...
My husband and I closed on our first two properties a few weeks ago. We need to set up some sort of protection. We were thinking about putting them into an LLC, but with my reading there seems to be drawbacks to tha...