Mark Douglas
Do you have separate bank accounts for each property??
Hello all,I'm on the cusp of closing on my first property ^^ and I want to have as much in place as I can.I know I'm going to open up a second checking account for this first property, to keep it separate from my pers...
Account Closed
Tax on gift from foreign person
Hi,My parents are looking to gift me and my sister some money this year. I did some research into the rules on taxation for gifts from a foreign person and wanted to confirm my understanding (given innumerable loophol...
Jeff Dzado
Washington State tax records not for "commercial purposes"
Hey everyone. So, I finally decided to look up a property that I walk by on my morning walks, and I see this notification. I'm curious, does anyone know much about this "commercial purposes" statement? To me, it seems...
G. L.
LLC releases liablity?
When you hold a property in a LLC, does it release your private liability for everything?
Also when you don't pay your note?
Also when you mismanage your LLC?
Where can I verify this information?
Thank you so much ...
Michael Hayworth
Selling non-performing non-mortgage note?
I own several businesses. I sold one of them for $400K a couple of years ago, took half down and seller-financed the rest. The buyer made payments for a few months, ran the business into the ground, and stopped paying...
Scheherazarde Roddie
In TN: Can I register a STR under my LLC ?
Hi Everyone, I'm looking to use my personal property to Airbib, 1 bd/ ba. What should I check to confirm if I can legally register the Airbnb under my LLC for rental properties as a different series? Thanks!
Luis Joseph Hernandez
Savings accounts checking accounts
For find purposes in flipping houses is it better to have your money all in one bank in the savings account or spread through a few other banks?
Kristen A.
Selling House and an LLC
Hi, I am new here and have a question regarding the sale of a home. If I sell my own home, am I able to put that money in an LLC for tax purposes over putting it in my personal name? Please help. Thank you so much.
Andrew Shippy
Fair Rental Days 2021?
I put my house up for rent mid November 2021. I had a tenant sign a lease mid December 2021 for a move in date on Jan 1st 2022. That's when their lease actually began. I collected their security deposit upon completi...
Nicole Austin
Reputable Private Lenders
What are the worries and concerns I should have regarding private lenders? Should I be leary of crooked lenders with my personal information? So many lenders are reaching out to me about my post, how do I know they ar...