Mitchell Gisi
Inherited cabin from grandpa. Wasn't in his name. What now?
Im hoping folks who have dealt with a large variety of situations might be able to help me out. I'll try to make the story as brief as possible.In the late 60's, my grandpa bought a small hunting cabin in eastern Oreg...
Abou C.
Type of legal entity?
Plan on acquiring a 2-4 unit in RI/MA next year with my business partner, I believe getting a LLC is the cheapest form there is compared to others options. But I have some questions I want to ask experienced investors...
William B.
Is it possible to create an LLC for a husband and wife and not pay self-employment taxes?
Hi BPers-I want to create a business name that is separate from my wife's and my name. I primarily want this to serve two functions - 1) so our tenants do not know that we are the 'big, bad landlord' and 2) be able u...
Jay Patel
County Held Foreclosure Auctions - Title Searches?
Hey BP,For those of you purchasing foreclosed homes through a county held auction, are you running title searches on each and every home you intend to bid on?I am considering purchasing from auction but don't want to ...
Belinda R.
Piercing the corporate veil
I just formed an LLC and opened a business checking account. When flipping houses I use my Home Depot credit card to make purchases for supplies, appliances etc and pay off once I sell. My question is since this Home ...
Mary Jay
Property management's name on the Lease?
Hi guys,do I put property management company on the lease (I am an owner of this property management company)? Or do I put my LLC that I quit claimed the house to on the lease as a signing party?Who signs the lease w...
Andreas Mueller
Is the 1031 Exchange at Risk? Inside the Court's Chevron Decision.
Welcome to A Skeptical Dude’s Take on Real Estate: a frank, hopefully insightful, dive into real estate and financial markets. From one real estate investor to another.
Coming at you live from Nashville, TN.
Fuel ...
Jeff Greenberg
Equity Partners Ownership Restrictions without being vetted
In every Syndicated deal I have been involved in, the lender requires the equity partners to be vetted, and be a signer on the loan, if their overall ownership is above 20-25%.
1. I would like to hear a len...
Calvin L
A different kind of LLCs protection for Rental Properties
Going into retirement soon, I am considering rental income as supplement to limited social security benefits. There will be no mortgage since the net cash is needed monthly. At the same time, I am too old not to worry...
Nora Zepeda
Landlord Maintenance repairs
Out of state investor here. I have 3 rentals in Arkansas, but one house has a young couple that has not lived and maintained a house before. I am starting to notice that they are not giving proper maintenance to norma...