Can you please help me validate the LLC structure that I have created for our properties? Right now, I have 3 doors but over time, say 5 years, I expect this to grow to 15-20 properties.Some questions that come to min...
Okay forgive me if this is a super junior question...We get all sorts of deductions from depreciation and whathaveyou... But if we hold the house in an LLC... doesn't money we take out of the LLC get taxed like income?
How realistic is it to evict an existing tenant if you buy a property that you intend to renovate? (Hamilton to St.catharines area) I have heard that eviction responsible if major repairs are planned.
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
Hi,I'm trying to invest into short-term rental in Savannah, GA. And now the offer is not accepted because of the personal issues of the seller with EasyStreetCapital.How was your experience with them? Why would anyone...
I'm trying to find an actual person at WaMu who can talk to me about a house they got back in forclosure about a week ago. It's not on any of their asset management websites, and I'm trying to find out what they are p...
Would like to know how others are structuring their rentals?If you have more than 10+ residential properties, how do you structure it? Put them all in one llc? Wouldn’t that be a liability though? Would love to hear f...
I have a good understanding of having each llc under a holding llc. But I plan on doing a few deals with my cousin to start off but I don't know if I would partner with him on every deal the rest of my life. Would we ...
If a person (not an investor) paid off someone else's mortgage (cash) to buy a property outright, is a transfer of deed for the property all that is needed? I'm in Texas. It looks on the surface to be that easy. ...
I talked to my bank about refinancing a property I have owned outright for 10 years and they want the following. I think this is a paper storm that won't do anything other than burn my time. They have all my info as t...