Rabinder Gill
Real Estate LLC TEXAS Community Property state
Hello -- I wanted to know when forming a member managed Domestic LLC in texas . --- Primary reason for the LLC is for a layer of protection from personal assets. 1. Does the husbad AND wife have to be members of t...
Danielle Lynch
Deed Question: Parent & Subsidiary
Hi Im doing a quitclaim transfer on a deed from my personal name to my LLC. The LLC is a subsidiary of another LLC of mine. I.E. The deed is transferring from Danielle Lynch to Harbor View Oasis LLC which is owned by ...
Bob Duke
Hard money dilemma — move in?
So here’s the situation.
Just sold primary residence here in Texas. Currently own investment property just down the street that I am rehabbing to rent out...that house was purchased with a hard money NOO loan. Sti...
Tina Lee
I got a court date for my violation
I got violation describe as following ( I am on first floor of a condominium) I have no idea why I got it.Anyone has idea what’s those violation about it?§ 348-7Receptacles.A.The owner, agent, lessee, tenant or occupa...
Charlene Stovin
First Time Property - Forming an LLC
Hi all, have another oneI was in the process of registering an LLC for my investment properties; I don't have cash, and financing I have heard for an LLC will be much more difficult than if I were to put the property ...
Johnoson Crutchfield
How Tax Returns Affect Real Estate Investor Bank Financing
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
Eric Jones
Personal Funds into Rental Account
My current goal is to scale.I would like to send money from our personal account into our rental account on a monthly basis to let the cashflow and personal funds accumulate. This money would then be used to purchase...
Micah Smith
LLCs and lending on SFR properties
I have 4 properties. My attorney suggests the best thing for me is one LLC per home. I asked my lender, who is great, and she has concerns with individual LLCs - she says many lenders will not lend to LLCs or properti...
Ernest Quallis
LLC'S in different states
So I have listened to multiple podcast referencing the benefits of having an llc. However I have recently started 3 llc's all in different states , GA, VA, NC,. is there a way to set up all my LLC's to allow for one t...
Kumar R.
EIN for property LLC under Umbrella LLC
Hi,I wanted to check how this entity structure works. If there is manager-managed umbrella LLC and have property LLC with member as umbrella LLC. Can we get EIN for property LLC using name, address and EIN of umbrella...