Veritas Harmer
taxation of single member LLC
I know this may be a simple question but I am having trouble finding the answer. 1st, In regards to a single member LLC taxed as a pass through, which state do you pay taxes? I live in Illinois but the property that...
Ryan Vienneau
Come support landlord rights for NY State on Jan 13 in Albany NY
If you are involved in rental real estate in ANY way in the state of New York (landlord, property manager, developer, builder, realtor, etc.), I'm sure you're aware of the floodgate of new, insane tenant protection la...
Jason W.
Any downsides to investing in CF deals with an LLC?
Hi, I know that this is likely a "speak with your lawyer/CPA" type question, but I figured I'd give it a shot here in case folks have personal experience with this. I do plan to deep dive with my lawyer when it's time...
Roland Wiederaenders
New Regulation D Rule 504 Securities Exemption
Raise $5 Million From Non-Accredited Investors Under Amended Rule 504On October 26, 2016, the SEC adopted final rules amending Rule 504 of Regulation D under the Securities Act of 1933, as amended (the “Act”). This am...
Marcus Tam
Airbnb-ing an ADU in Los Angeles
Does anyone have any experience airbnb-ing a newly developed ADU in an uncorporated part of LA County? I am aware that ADUs permitted after 2017 can't technically be used for short-term rentals but is there a way arou...
Carol Lam
LLC for rental property
Hi,I live in california, but I find a property that I am interested in. In california, an LLC costs 800 minimum tax payment. Is there a way I can set up a LLC outside of california? If so, which state is the best? ...
Thomas O'Donnell
No Pet Policy & Service Animals
I was messaged by someone interested in renting my duplex. Not only are they looking to move in “immediately” (red flag) but they also stated they have a service dog and another small dog. My listing and lease both sa...
John O'Brien
Using FHA Loan Without Living At Property
Looking at buying a 4-unit in NJ and considering using an FHA loan to decrease down payment money needed (would be 3.5%-5% down in this case). All 4 units are currently occupied with paying, long-term tenants. I don't...
Michele Leonardi
How to transfer title to LLC?
Hi everyone.
I just closed on a single family home that I’m planning to flip.I have financed it using a conventional mortgage under my name, and I would like to transfer the title to my LLC, so I can manage the renov...
Justin Dossey
Registered Agent for LLC
While doing an LLC is it advisable to be your own registered agent if I am wholesaling now and will eventually buy properties for rent. If not where would I search for one? Can any lawyer do this?