I am curious about setting up a 401k under my LLC. Is it worth the time, money, tax advantage, etc to set one up. If so which makes more sense a Sep or a Solo 401k. Would it make more sense under an S-Corp, C-Corp etc...
Hello Everyone,
I am Manny and we are from Murfreesboro, TN just a few miles southeast from Nashville.
My partner Ivan and I have been in working in the Multi-Family renovation business for over 10 years and we ha...
I sat down with a REA and explained to him that I want to do a fix and flip. I explained this will be my first deal and how I've been studying Real Estate for some months now. I called USAA to get a loan but he explai...
Hi, I purchased an 8-unit set of townhouses in Seacoast New Hampshire in September 2020 and renovated all 8 units from October to January. The total project cost was ~$1.0M and now, based on current income/expenses an...
Hi BP, I am looking to invest in my first midsize multifamily property in Central Florida area. I would like to bring in some passive partners for the deal and I have a few friends that have shown interest but I am n...
What are pros and cons of below clause in private lending agreement from Lender's point of view.I never saw such clause before. Thanks10 new Development LLC, A new jersey limited liability company.
This certifies tha...
HelloDoes anyone have experience monetizing state and federal tax credits to raise capital for a project or bring equity into a deal? How does it work through a limited partnership? What does the limited partner expec...
If i buy a property with a self directed IRA, is there any limit on rental income exceeding the yearly contribution limit? Also, are you able to leverage the equity in the property during or after its paid off? If so,...
Can Condo bylaws limit the # of children?We have rented a 2 BR condo to a single mother and her 3 children. Now the Condo board is telling us that we have exceeded the maximum # of children per unit. Is that even le...
The insurance I currently have on my rental has the 'NAMED INSURED' listed as the Property Manager and then my name is listed as an 'ADDITIONAL INSURED'.When I questioned this, the explanation was so the property mana...