My partner and I have purchased 4 properties (all single-family homes) in the past 18 months (3 purchased 20% down - 1 at 25% down). The mortgage company we used was a referral from our realtor (who is great). The len...
Hi everyone.
Getting ready to close on our second investment property in Colorado. I was told by my closer today that she cannot Quit Claim the Deed into an LLC, but said it would have to be a warranty deed because ...
What are your tax implications if you set up a LLC in your home state, but primarily buy RE in other states? Specifically for buy and hold REI. Would you owe any taxes to the state where your property is in? Or sim...
Hello BP!I have a question here regarding wither or not I should open LLCs and or a holding company for my upcoming scaling of my rental property portfolio. I have done my reading on Out of State Investing and Section...
Looking for the forums help in understanding all of the different avenues you would be exploring if you were me in posting this portfolio for sale. I have been investing/building this sfh canton ohio portfolio since 2...
I sent out my first set of yellow letters on Monday. Today I missed a phone call. I have a Google voice number and I set it up in such a way that my Google number appears instead of the caller's number. I set up a ver...
I've been thinking about turnkey properties and one thought keeps popping up in my mind and I wonder if it's valid...since these props come with a tenant already installed, have some made a side deal with the tenants ...
I own two SF rentals in San Antonio, Texas and before I buy a third one, as per the popular suggestion, I wanted to move both homes in to an LLC for asset protection and minimizing personal liability. However, as I st...
Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...