Hey everyone, first time poster here!I'm trying to figure out what is required for me to distribute money to myself from my Sole Member LLC while best preserving my asset protection. I have a Texas Sole Member LLC hol...
Hi All! I own a printing company. I purchased a commercial building a few years back and looking to refinance for a lower interest rate and to cash out. We also rent out a unit in our building. Here's my question:Curr...
Situation: A foreign (non-resident alien) owner of US in situs real estate (two single family properties) wants to transfer the properties to their adult child, who is a US citizen. However, to my understanding, there...
We have had a second home for almost 2 years. The house is not a formal rental property even though we allow friends and family to use it. No rental fees are paid to us currently. However, this home is not our primary...
Hi, any help with answering this will be appreciated. Suppose that there is an LLC that has me as a member - LLC (A)LLC (A) is listed as a Manager for LLC(B).I am the equity investor in this whole thing.If I want to b...
So I was wondering... if the numbers work for an investment property that is on the market, do you guys go ahead and make an offer before having all the financing for the deal finalized?
Example: I have a seller-carrying a note/mortgage on a property held in my LLC...can I offer to purchase the note from her? What are the high-level details?Thanks in advance.
I recently got a property under contract with the heir of a specific property. We were looking to wholesale the deal to an end buyer, and immediately we found one. Both contracts were signed and sent to the title comp...
Currently contemplating resale or 1031 for a SFH. I bought the property as an investment to rehab and resale, given my kids were still in a private school. Since purchasing the property, we have concluded we will b...
Hi,Considering buying a commercial property (900K) that will require a build-out (300-400K). The seller is an older gentleman who owns it out right and only wants to go either "seller-financing" or "lease-option" rout...