Hello all,After doing a lot of research on LLC's for investment properties, I luckily came across this forum. In 2013, I created three LLC's for my three investment properties and did nothing with them. I did not know...
Hi, I have a duplex rental for 4 years but I have never set up an LLC, so I claim that as passive income on the schedule E. I want to acquire more properties and be more involve in real estate investments, I know abou...
I am curious how one might structure this partnership. I'm looking to purchase a rental property. With what I'm looking for, I will need to be in about 40-50k up front between down payment, closing costs, and repair...
Hi all, I am currently in a great situation. A good friend of mine has a ton of capital and is eager to start investing with me. However, I do have a question regarding the structure. He is contributing 100% of the ca...
I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
Since the bank REO inventory seems to be drying up, I’m ramping up my private seller marketing once again (yellow letters, etc.) I’ve gotten the letters, mailing system & schedule down—now that they’ve gone out, I...
Hi, As I'm still trying to educate myself on these things can someone please help out whilst I wait for the mailman to deliver some books on the topic and before I see an attorney/CPA.
After reading many of the post...
Hey yall, beginner investor here with 2 properties rented out and producing income. I am planning on buying something bigger this year... or maybe a couple of different properties. Im thinking I should really open an ...
Hi all,
I have a property I'm flipping that my Contractor has decided to buy directly. I linked him with my lender and they are now coming up with a plan for the purchase.
In this particular situation, there won't ...
My partner and I are going to purchase a buy and hold 10 unit where everything is divided 50/50 (money, work, etc.) and a management company holding it. I would like to know what are main safe guards which 50/50 LLC p...