Washington wants to know all about you and your entities and create a giant database of who owns what.If you haven't heard yet, starting Jan 1, The Corporate Transparency Act goes into effect. All entities must now r...
This is a summary of learnings from a recent project I personally completed.
Steps involved:
1. Buy a home with a large backyard
2. Get permits to build a detached ADU (DADU)/backyard cottage in the backyard
3. ...
Are shareholders to take a percentage of total deductions based on their share of income on their K-1's or the full amount. For example if a shareholder owns 20% of the LLC do they take 20% of the deductions on their...
I'm excited to join this forum and learn from the experienced real estate professionals here. I have some questions about starting a property management company in the state of West Virginia, and I'd greatly apprecia...
Hello and thanks for reading :)
I'm currently working on an investment out of state and been in communication with many lenders to find out about all my available options.
Although I have good credit, cash reserves...
I'm looking for experience shares for anyone who has quit claim deeded a property to an LLC after a conventional mortgage has closed. How soon after the mortgage closed? Did you transfer ownership to the LLC? Did you...
Hi all,
I'm getting ready to partner on a flip with a good friend. We are both bringing money and experience to the table, though neither in equal amounts. We plan for this to be an ongoing partnership.
We plan to h...
Has anyone entered into a deal with (trusted) partners whereby you will not be on title (nor mortgage) but instead use a co-ownership agreement to indicate ownership along with rules and responsibilities of each party...
Hello!I'm looking to buy the current home that I live in. It's a cooperative (made by the current owner ) which means it's technically a 3 bedroom turned into a 6 person living situation, with the huge master bedroom ...
Hey BiggerPockets Community!
👋 Introduction:
I'm thrilled to join this incredible community of real estate enthusiasts! My name is Jen, and I'm stepping into the world of real estate with a background in homeownersh...