Hello, Does anyone know how to calculate a mortgage amount for the home ownership section 8 program if my down payment is $20,000 and the mortgage payment is ($895 section 8 payment standard +$312 income) $1207?Thank ...
Good day to all! Thank you in advance for reading my post and any possible suggestions. So, in reviewing another thread on here, I came across some useful information regarding transferring property ownership via Quit...
Seller wants a proof that I can sign for a company (llc) that buys real estate. I usually send them an operating agreement.What if I don't want to disclose the owners? I am a manager in manager-managed LLC.Any advice?
Hi everyone,I was wondering if anyone had any insight into a question I had about changing the ownership percentages of an LLC. I have two partners, and we each own 1/3 of an LLC, through which we purchased a single ...
Hello BP members,This is my very first forum post since creating my profile so forgive me if I sound like a complete newbie (I am). I have been trying to decide what my next investment should be in. Does anyone have a...
Hello, I am currently in the process of looking for my first flip. I wanted to submit an offer on a property about three weeks ago but it was under Fannie Maes first look status and we had to wait 21 days to make an o...
A new study that was a collaboration of three universities concluded that in the nations 24 largest markets, only 4 showed median price increases between 2010 and 2016. (Three of four were in Northern California and t...
Can someone help me with the following two questions?
1) If you set up an LLC (with an EIN from IRS and approval from state) but it turns out you don't have any business during the year, how do you report that for y...
Can someone help me with the following two questions?
1) If you set up an LLC (with an EIN from IRS and approval from state) but it turns out you don't have any business during the year, how do you report that for y...
Hello!My husband and I are in the process of launching our first STR in Savannah, GA. I have a couple initial LLC and tax related questions.1) The house was our primary residence, and was bought under my husband's nam...