James Ross
Asset Protection - local, large company, or self created LLCs?
Hello everyone!I've been looking into asset protection for real estate and I was wondering what everyone prefers to use? I've spoken with Royal Legal Solutions and similar nation wide companies specializing in real e...
Benjamin Cowles
Market 2 distressed properties of absentees that appear occupied?
presumably they're occupied by renters. I'm just started getting my system going here going around town gathering addresses which most of which turn out in the CAD to be listed as owner occupied, which I put to the si...
Reed Olson
Adding Agreements to Lease
My parents bought three properties with leases already signed. I was wondering if you can add small agreements that relate to maintaining the property. For example, "Carpets must be professionally cleaned and will be ...
Richard Fields
Cap ex or maintainence
For tax purposes, would a $600 roof repair on my rental property be recorded as a capital expenditure, or regular maintainence?
Steven J.
How have you developed your social media and websites?
Those of you out there with your webinars for sale, coaching, products, paper work etc. how did you get started with the web design?I've got an opportunity to join a MindProtien event in mid July. The topic of interes...
Tracy Wang
Syndication tax for members
Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ. despite the loss each year, I have been e-filing state tax separately for GA and AZ. ...
June F.
Advice needed from anyone who uses series llc
After talking to a lawyer, we are pretty sure we want to set up a Texas "series" llc to hold the rental properties and another LLC to manage the rental properties that we have but there are some issues that boggle my ...
Andrea P.
Shrubs trimming and trees pruning
As far as I know, the landlord is responsible for shrubs trimming and trees pruning. I live oversea and I periodically ask to the property manager to take a picture of the yard for having an idea about the status o...
Darlene Lyons
LLC with out of state investments
Hi everyone, As I continue to read and try to educate myself a question has come up. I'm a resident of Connecticut, but if I want to invest in let's say Massachusetts, will my LLC protect me?
Mareno Rathell
Are LLC's as iron clad in protecting you as people suggest?
I hear you should put your properties under an LLC to protect yourself, your savings & your home from anything that may arise from a lawsuit associated with one of your properties, but I wonder if that is just som...