Brenda E.
Older parent wants to sell properties
My 80 year old dad wants to get rid of some properties he's had in Arkansas for 30 plus years. They are all paid in full and none are occupied. What would be the best approach for him? Sell all at once? Sell one a...
Andrew Basom
Alternatives to parents selling childhood home
My parents are on the verge of retirement (unfortunate timing) and I'm trying to think outside of the box for them with their current retirement strategy. Right now they own a 4BR/4BA home in central PA as their prima...
Satyam Sundaram Ramyanam
Parent/Holding Company needs EIN/TIN?
Hi, I have a general tax/llc related question.Does a holding/parent company (LLC) need an EIN and have to file taxes if the subsidiary/operating company will file for it's own taxes?I am inheriting/buying a family bus...
Teddy Johnson
Additional Insurance Need for Parent Company
So I've spent the last two weeks calling from about 9 am to noon every insurance agency and nobody can help me.
I have a parent company that I want to buy insurance for in case we are sued by a tenant or vendor as an...
Marc S.
Flipping my Parents in Laws House
Hi All,I am relatively new to the investing game. I am looking for a little bit of help. My parents in laws are looking to sell their home which is worth about 240,000. The unfortunate part is my father in law is a ho...
Kendra Lacarte
Purchasing from Parents in Ontario Canada
Hello,My parents want to sell 2 income properties to me. One would be a full sale of a single family and they want to jointly own their duplex with me.Can anyone familiar with Ontario, Canada laws able to provide me w...
Dustin Peters
Refinancing for Retired Fixed income parents
This is a question I've had for some time. My parents 30 year fixed mortgage is currently at about 5% and they have been turned down for refinance due to their fixed/low retirement income. They have been paying it dow...
Omar Hammad
Quit claim deed parents to me
My parents are transferring their home to me, but I would like to put in an LLC. I have my personal home in my name. I have another home my parents are living in (mom disabled and needs 1 story home.). The third h...
Jonathan Tavarez
Why I wholesaled my parents house?
Wholesaling usually gets a pretty bad rap compared to other areas of the real estate world so I wanted to share a story that perfectly portrays the value of it and hopefully it will help other investors to understand ...
Peter Morrissey
Parent Guarantee but tenant bad history
I have been working with a couple who is moving up from NYC to Syracuse. They came up to visit the place a few days ago. Their mother has agreed to guarantee the rent and has already sent me a bank check with security...