My Husband and I own 3 houses and two of them are rentals. He wants me to put the rentals under an LLC. Now I know an LLC is to protect you in the event of being suid, but if we have good insurance polocies, does that...

Lets start this with saying I had a nightmare tenant  Constantly late and finally in January 2020 she was was an entire month behind.  Lost job... etc.  I served noticed to get the ball rolling but was willing to work...

My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...

Hi everyone, I'm a new investor who has spent quite a lot of time reading and looking into the process. I'm looking to get my first deal but won't be able to qualify for a loan since I'm an intern. My situation has pu...

We are considering buying out an existing LLC (it's a management company, and would add some volume to our own successful property management company). Everything looks good financially, however I've not sure what I s...

Hello Everyone... Just left a message on the new members board introducing myself.. don't want to repeat too much but I've worked in a traveling engineer position the last 4 years which has had tremendous monetary per...

Soo... I hate to resort to this type of question but I have read and read and read and read and then Ive read some more on the subject and in fact am still reading on LLC & CORP with their different tax designatio...

(I wanted to start this thread separately to avoid hijacking another thread where this subject came up. The topic is important enough to warrant further discussion.)
As @Tracy Z. Rewey pointed out, there's a huge dif...

I started searching the web in regard to "foreclosure" information. I've been curious about this, because my husband and I were put on a "re-payment" plan last year in 2007 to get our mortgage payment current. At this...

Hi there,Currently a second year in university and want to buy a MFR when I graduate. currently not sure what I should be doing with my money to be prepared the best I can.