So I may be over thinking this or maybe this actually does matter as much as I think it does, but I am in the process of getting my real estate salesperson license. I’m on track to be licensed next month and I’m curio...
I’ve heard rumors about plans the government is getting ready to set into motion that will force home owners to give possession of all private property over to where no one will be allowed to own their own homes. As s...
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
Hey Everyone,Quick question I’d love some advice on. Just bought my first rental property and I’m going to form an LLC and move it over to that ownership. The goal is to purchase more properties over the years mainly ...
Do any of you give Christmas gifts to tenants?
If they are "good" tenants, I'll hand deliver a gift card from the local grocery chain. They can use it for gasoline or groceries. Depending on the tenant, the denominat...
Long story short. I got a Wyo LLC in order to have anonymity.I want to buy the houses in the name of the LLC and not my name. I have been told that is ok, even though the properties will be in another state and not ...
Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
What do you guys think flipping houses without LLC or an entity? I have flipped 5 houses with my personal name, and a little worried about the liability. I would like to hear from you.
We're in a financial meltdown,imo and we keep hearing about that rotten Bush and the spending on Iraq war.
When will current pres start taking some responsibility for his part in our mess? According to the CBO, h...
Hi guys,Could you please help me out?Everybody keeps saying how if a husband and a wife own an LLC it is still considered as one member LLC. Also, its easy to pierce the corporate veil of one member LLC, and courts ...