Hi everyone, I have opened a second LLC (child LLC) in Florida, owned by anonymous parent LLC in Wyoming (which is owned by me). I got stuck with opening a bank account for child Florida LLC. Got only one EIN that bel...
Curious if anyone has ever had any experiences related to a tenant who wanted to be a foster parent?I learned recently that my tenant had invited a Foster child into the unit without my prior screening or consent. Alt...
Our lender has a program that allows children to help out elderly parents with their mortgage through a refinance process. There are some guidelines for "elderly" but so long as we can show underwriting that our paren...
Does anyone know how the Prop 19 parent-child exclusion applies to multi-unit properties. My parents and I occupy 2 units in a 4 unit property as our primary residence. If my parents transfer the property to me will t...
As many boomers enter retirement and want to downsize any one have any experience renting to their folks ? Everything legit I mean, signed lease, fair market rent etc??
Thanks !
I would like to have my 11 year old daughter help out with my real estate business in some way so that I can pay her and she can be a business expense. Is anyone else doing this? What are you having your teens and pre...
I am interested in renting to college students and was wondering what others do to ensure that their tenants pay their rent? I know many landlords do income checks on potential tenants but I would suspect that many co...
Greetings all,My wife and I have four rentals in four different states and after I cam across a BP podcast last month, we have been considering our options to finally get serious about our investments. However, we ne...
For a change of pace, instead of pointing out all the things that are going more and more wrong with this country, here's an example of something that's actually going right:
http://www.chicagotribune.com/features/ha...
Seems like prop 19 has passed in California. What's the best strategy with this new law, that will reassess rental property taxes to fair market value, if passed to your heirs. Since the law does not take into effect...