Hi BP. I want to get a head start on getting clients in Minnesota but my network circle is small. I've been out of the social life for awhile and wondering how I can get leads before I get my licensed. Who should I co...
Hello!
There are some areas I have found interest in pursuing rental properties - currently multi-units. Some of the areas are mainly owner-occupied, and others are mainly renter-occupied. I do feel like I have seen ...
I am looking to buy a 1.5 acre lot in Los Angeles (simi valley). Haven't purchased land before. What are my options for lending? (I know how lending works for rental homes, but have no clue for land)
Hello,I found a nice side by side duplex in the suburbs of Minneapolis.The duplex is a split level. The main living area is on the first floor. You have to go down a few steps to get to it. The 2 bedrooms are upstairs...
I'm getting a few different point of view on this from equally qualified and experienced house flippers. Here's the scenario: you purchase a house using 123 Main St, LLC. You fix up the house. You sell it to an owner-...
For taxation purpose, how would this work? My 'Holding company X' in WY has two LLCs registered in IL, One of them is in active rental - STR, and another holds assets in a LTR business. I know that the 'Holding Compan...
My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...
I'm working on getting a loan for a larger MF deal. I'm creating a a single purpose entity (LLC) that will own the real estate. Seeing as the entity has no history or credit and the loan is less than a $1MM. I'm p...
I want to put an offer on a house that is on a main road. I'll try to make house as sound proof as possible but aside from noise, do nurses generally feel unsafe since it's on the main road, more public exposure (lack...
Hello,Is it possible to avail tax deduction on an office room dedicated for rental real estate matters for an owner occupied multi-family?I am just trying to see where there are some tax saving opportunities so that...