Hello!  I'm a real estate agent and an attorney (not practicing).  My brother-in-law is a licensed contractor. We are ready to start investing and need some advice on starting an LLC and bank accounts.  I know some in...

Hi everyone,Does anyone in the South Jersey area have a recommendation for a good collection agency?I had to evict a tenant who owes me about $3,000, and even if I don't collect, I want them to chase this person down ...

I went to my credit union today and inquired about their requirements for financing on small multi-family investment properties. Unfortunately, this particular CU doesn't work with multi-family properties. The loan of...

I am working on refinancing my first property and realized Fannie and Freddie will not close on refinances with business entities. I did not do my homework beforehand and am now wondering how the LLC being on title wi...

Hey guys!

Through reading and searching here, I found a part of my question answered - "Do I need to start a business to wholesale or can I do it personally?"

I understand that you do not need to start...

Hello everyone,what's your take on creating an Inc (S-corp) as the management company for long term real estate and having separate passthrough LLC's for the actual properties that your buying ? (or should the managem...

Hi, I'm hoping someone can offer up some thoughts on this as I've run out of ideas.House has a reverse, balance is about 270k, value is about 230k. The heir can't qualify to buy, but really wants to stay in the house....

There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...

Hi all, I get a professional tenant, who breached the lease in several ways:  Hot water heater Storage room use as a bedroomNo payment of May Rent.Subletting without landlord permissionKeep the cat in the bedroom with...

I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...