Robert H.
1st Trust Deed Question
If the borrower is directing the funds to an LLC or self directed IRA would there be any potential problems down the line, for example if there was more than one person in the LLC?
Rob Rogers
Transferring Rental to LLC; Capital Gains?
My wife and I are planning to transfer a few personally-owned rental properties to LLCs. How are capital gains handled during the transfer? Are there any other issues to consider?
Jeffrey Morrisey
NY State Articles of Organization address for LLC
I just received my New York state Articles of Organization for my LLC. I payed a lawyer to form the company as part of an acquisition I'm making.They used my personal physical address instead of the registered agent I...
Michael Amos
How do taxes work if I receive money from a friend?
How would taxes work if I receive money from a wealthy friend who isn't a "Private lender", but just someone willing to donate cash to help me with a fix and flip. What forms should be given from me to them, or them t...
Erik Browning
Subject prop. cash out refi - settlement to plaintiff?
Haven't seen this before: the prelim shows an active suit, borrower wants to cash out an investment property to pay the settlement. Some proceeds to the settlement, some proceeds to the borrower. A NonQM lender of min...
Kwok Wong
Looking for Advice on BRRRR Refinance
Hello guys, I am looking to brrrr out of state in Indianapolis and talking to a brokerage about refinance. The loan officer came back with questions that I need advice with. Currently, I do not have any property under...
John Oliver
LLC for business & interest deduction + residence?
I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...
Ben Lovro
9 Habits that Successful People Implement Every Single Day
Your goals and outcomes in life are nothing but compounded habits. Focus on doing the activities that will help you find your passion and one day lead you become the person that you intend to be. There is something sa...
NA Nicholas
Securities-based Financing Options for Real Estate Investors
Any lending program involving the transfer of title/ownership of your securities to any third party as a condition for funding, is by definition exceptionally risky and according to IRS rulings in 2010 and subsequent ...
Joshua Scott
Personal loan for Business
Question: Since a business is new and doesn’t have any time in maturity, the single member LLC got a personal loan. Could they deposit straight from loan to business account? Also, if all of it goes to a business acco...