Hello BP!I bought a few houses in Philly with a traditional mortgage. due to that, I had to take title with my name. Now I'm starting to form an LLC for each of my units and my question is: Am I subject to transfer ta...
I am new to real estate and rentals. I bought a duplex last year in July and it's rented out now. I am wanting to know about LLC and trusts. I was wanting to make an LLC, but someone who is a landlord here said to jus...
It might just be me but I'm very leery in trusting people... especially if I've only every interacted with them online. This might be due to my current career in IT as we are trained to not trust ANYTHING online. Ho...
I am curious how investors in Illinois approach asset protection and privacy protection since an LLC costs $500 as opposed to the $50-$100 in most states. I am aware of the power an Illinois Land Trust provides for p...
Hey,Read a lot of forums talking about house hacking and that it’s a really smart thing to do, especially for a cheap rent. So I wanted to ask as an beginner just getting into real estate, first off what is house hack...
Hi all,
I'm trying to figure out how to build a power team and who should be on it. I think the most important pieces for me right now are an accountant and maybe a RE attorney, but not sure what role each plays. I ...
What's the use of a holding company for rental properties? Is it suppouse to reduce taxes? Reduce liability? Reduce management headache of "needing" multiple bank accounts?
Has anyone used or heard of Suncrest Capital Group? Im currently conducting my due diligence for this lender to see if I want to use them for my next deal.
Team,
If I complete a transfer of title from myself to my LLC for a property of mine via quit claim deed, will the debt transfer to the LLC and be removed from my personal credit profile? Teetering the idea as I rece...
Help!!! I have a tenant that is making many false claims about things that I have done and I need to be able to document every single interaction with her which includes walking prospective tenants through her uni...