If I own 2 LLC in Texas and one in Oklahoma would it be best to open one umbrella LLC at a bank and list these 3 LLC's under it? I'm looking for protection and to pay less taxes.
I just finished school and currently have a stable job with a bit of money saved up. First time investing in real estate, and chose Cleveland since my budget fits perfectly. Currently negotiating with a seller for 2 m...
Hi BP,Is it possible for the following to take place? Mary's attorney drafts a deed running to Mary's friend Mike and records it. Mike takes title to the property with no guarantee to clear title. However he did hire...
My husband and I are landlords in California. We have a tenant that signed a lease agreement and gave us a security deposit. After seeing and committing to the property they are now making several demands, cosmetic an...
Hello everyone. I am getting back into RE investing and took the first big steps at the end of 2016. I’m curious about my tax strategy for the 2016 tax return in progress and also interested in a referral to a very ...
I know it's easier to have a title company do the leg work doing research, but how can an investor throughly perform the same task?
Do title companies have preferred access to information the average investors don't h...
Hi Everyone! I read Andrew Postell's post about doing cash-out refi's and he says in there that if you pay for the home with cash or a HELOC that you can get a cash-out loan on day 1. I've called 4 credit unions and t...
Does a property have to be held for a certain time period or can an investment property be sold right away after purchase to qualify for 1031 tax exchange?
Just prior to my first real estate investment in 2014, the 2% was heavily promoted by Brandon Turner. Then more recently it was lowered to the 1% rule. Now the current staff are promoting around .8%. So interesti...
Hello everyone in BP land, I hope you're well. Part one of my real estate investing plan is to get an FHA loan for a house hack. There's a large speed bump on my road there, however, because my work has not been stabl...