Hi everyone, I’m under contract for my first investment property and my mind is racing with everything that I need to get done. One of the items I’m specifically focused on is accounting. I plan to hire a property man...
Hello! My name is John, I’m a new investor hoping to get some advice. I started investing in 2020 and have seen tremendous appreciation like so many other investors who started out around the same time. I have two ren...
Hello,A business partner and I are looking to purchase a 4 unit multifamily building. We are curious regarding how to structure the partnership. My partner plans to live in the building and take care of it, taking o...
I am new in property flipping with two other partners. I would like to know if we should have salaries for our work? or wait until profit is realized at the end of the year? Is paying salaries reduces profit and there...
Do I have to file for an EIN number for an LLC that I hold a multifamily property under with a partner? I am closing on the Triplex on friday and everything else is ready but no EIN, does it matter?
Hi, I'm a real estate agent in New Jersey under the brokerage of Keller Williams and I am trying to start a property management company but I've hit a few technical snags. My questions are: does my broker's name need ...
Hi, would like to hear from experienced investors! TX rental property owned by TX LLC. We have Ohio parent LLC owned this TX LLC. Our living trust owns Ohio LLC. Tx residents filing married jointly. My lawyer recommen...
I apologize in advance for this being a long post. In short, I just bought my first property a couple months ago and am trying to figure out the optimal way to structure it as well as future rental properties with...
Spokane Investors, I hope everyone is staying safe and healthy! There have been a lot of responses to this question on a national level, but i wanted to hear from investors in the Spokane area, specifically. Has your ...