Kenneth Anderson
LLC
Is there a certain way an LLC should be setup? How much does an LLC cost?
Anastasia Jordan
Protecting properties in the event of divorce.
How does an investor protect themselves and their properties from being ate up in a divorce?My friend who is a lawyer said that if you are behind $1 (one single dollar) a lien can be placed on any real property in you...
Chan K.
Boston, Landlord, LLC, Withdraw of Payment
Hi BPers,I bought a property under an LLC that I formed. I setup a business account where I deposit all the income in there. I also use the account to pay for debt service, tax, insurance. misc expeneses ....I list my...
Lehi VItor
I think I have a good deal in Salt Lake
I recently bought a house in the Sugar House area and a developer (I'm guessing) build 4 townhouses in the lot next door. Last year all 4 were sold for around $550K. I'm wondering how I do that myself.The property is ...
Anna R.
Newbie - Residence into Business
I have just flipped the property I lived in for 14 months also my first property as a home buyer. I would like to continue this business as this flip has been very favorable to my income. This house is currently on th...
Talko Talko
About landlords and tenants. How to spot some potential problems.
[b][u]About landlords and tenants. How to spot some potential problems.
Only real life examples, I hope they would be helpful for potential renters and their friends, relatives/parents.
Landlord greet potential ten...
Thomas Ebenhoch
Owner Occupy Property - Family Trust
First time investor here, looking to invest in a multi-family property that I plan to owner occupy.I am currently looking at a triplex listed for $135K. Looking at the county tax assessment, the property was assessed ...
Yawiney Yawiney
Capital gains question
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...
Sergio Montoya
First Duplex at 180k
Like the title says, I'm looking to make my first real estate investment. I have about 20k saved in personal funds and was recently pre-qualified for an FHA loan of 250K at 5% down.
I'm looking at purchasing a 180k d...
Akono Hite
Circumstances have changed since my last post. Same property, same dilema
Hello all. I was just logging in to check posts and stumbled across an old post that I made a few years back. You can find it here:https://www.biggerpockets.com/forums/52/topics/702124-first-...Well things have chan...