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Hello All,
I am currently completing the paperwork for my LLC. I am splitting the LLC 49(me)/51(partner) with a partner that will be able to acquire sign the personal guarantee since he owns the majority of the LLC i...
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Can you take rental income from a rental property and put it in a solo 401k and therefore delay the taxes on the rental income?
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I have a property in an HOA. My property is the middle unit in a 5 unit townhouse building. All five units have termites but only myself & one other owner wants to treat. I've been told by all termite vendors tha...
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First-timer buyer. Owner-occupied.From what I understand in order to buy a 3-4 unit building with less than 20% down I must have CMHC mortgage insurance. I remember reading that one of the units could be commercial sp...
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In July I bought a house for $42000. By September I had $21000 into it for the rehab. In October I started to receive rent. And I just got the appraisal back and the property appraised for $82000 and I’m getting a 70%...
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We performed a 1031 exchange last year into a multifamily property and are doing an agency cash-out refinance this year (woohoo real estate!). The replacement property we exchanged into is made up of multiple parcels,...
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Asset partitioning may be thought of as two types - affirmative and defensive.
In defensive asset partitioning, the personal assets of the firm owners are shielded from the creditors of the firm.
This is generally t...
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Hello All,
This property is commercial with only two units. One rental and one store 850$ and 1500$ monthly rent respectively . The owner asked me to price it for him but I'm not sure if I am doing it correctly. I c...
Hi everyone,
I'm pursuing a deal on a mixed-use building in a prime location. Purchase price is 1 million. Seller purchased 3 years ago for $825,000. The first floor is a commercial space housing a pizza shop that ...