Calum Bressington
Has Anyone converted a multimember llc to a sole member llc?
Wondering if anyone has converted their multimember LLC down to a sole member LLC and what the process is, all I have found on it is to fill out form 8832. Also, I won't do any buisness this year through my LLC so wi...
Kevin Lefeuvre
What will be the impact of the Coronavirus crisis on real estate?
How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
Joe Au
Use HELOC to paydown mortgage fast
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
James Shahan
Accepting an EIDL loan from SBA as a Sole Proprietor (no LLC)
This is a post that details my experience with accepting an EIDL disaster loan amount above 25k where my properties are held in my personal name, no LLC. A lot of people hold properties in their personal name, includ...
Eric Dubrule
setting a bank account as a sole proprietor with a PM company.
I've purchased an investment property with a partner. We are on the deed as tenants in common and will split income, expenses and tax benefits 50/50. When we tried to setup a bank account with the property management...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Account Closed
Why John & Jane Smith Can't Afford To Buy A house - No, it isn't interest rates
Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...
Amanda H.
Can I be forced to accept Section 8?
I am located in Oregon, first time landlord. Our open house is tomorrow and someone has already mentioned they have Section 8 vouchers. My understanding is that it is an opt-in program? But that conflicts with the fac...
Phil Wells
Will people leave cities post COVID 19?
An article recently published by Redfin highlights the current working from home trend. In a survey it's revealed that up to 1 in 4 newly remote workers expect to continue working from home after COVID 19 passes.
...
Steve Podwojski
Can you go from an LLC Partnership back to a sole owner LLC
I have owned a LLC partnership for 6 years in Maryland that owns rental properties and filed tax returns. If I convert it back to a sole owner pass-through LLC will it spark an audit?Also, can I set it up so that my ...