Scott Everhart
Land Trusts and their role in an overall Asset Protection Plan?
So, I've seen a lot of info on the drawbacks of using a S-Corp to hold your properties. LLCs seem to be the more recommended entity to use. But, it seems by themselves they too can have gaps in an overall Asset strate...
Roger R.
Assume personally held real estate to satisfy a 10-31 requirement
Hi,
I'm about to get into contract with my small building in NYC and will be attempting to do a 10-31 exchange. In this, I'm going to have to replicate 1.5mm dollars in financing with the newly exchanged proper...
Jennifer Niez
1031 Exchange - Transfered to Revocable Family Trust
When I did my 1031 exchange I of course put my up leg in the same vesting name as my sold property. It's been 3 years now and I want to place all my properties in my revocable. Zero money will be exchanged. Just want ...
Chris John
Partnership structure question
Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...
Ravi Veer
Self-directed IRA/401k - conflict of interest triggers "prohibited transaction"?
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
Kate Ellis
LLC Taxed as an S-corp for flipping
We just set up our LLC in Illinois to flip houses. I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership. I'm all for S-corp except for the requirement ...
Bon Khator
Multifamily Investment Property - how to get mortgage for LLC
I am in process of buying my first investment property and need some advice. I couldn't find any lender who will give a conventional loan to a LLC so I got the mortgage in my name and the idea was to transfer it to LL...
Susan O.
Quitclaiming one person off joint tenancy- family
I bought a property with a family member (son) and want to put it just in the sons nameWe bought it in 2016 as Joint tenancy. For him to get loan I put my name on property, but he made all the payments for the proper...
Aaron Bush
Insurance for Co-Owned Property
Friends, I'm purchasing my first ever rental property (a duplex) with the help of a friend and business partner. We're going into it 50-50. We've done a lot of research and self-education over the past few years in pr...
Ethan Johnson
Hello
My name is Ethan Johnson. I am new to the Portland area. Recently I have been listening to the biggerpockets podcast and have become very interested in real estate investing. Multifamily buy and hold properties seem t...