Khaled Seirafi
Reviewing Assignee's Financials
Hi all,I have a commercial tenant in my mixed-use property who's selling his business. What sorts of ratios should I require for income vs expenses on the potential assignee's financials? And in general, what other it...
Elio Mariani
Holding property in LLC/Corp
I plan to buy a rental property with cash from personal assets (stock market) and I plan to have the title held in an s-corp, for liability protection. Is there liability protection value in having the s-corp borrow...
John Stanley
avoiding capital gains tax on foreign property
I'm a US citizen living in Germany, where I am buying rental property. The law here is that if the property is sold after >10 years' ownership, there is no tax on the capital gains. However, I would have to declare...
Ram Kakulavaram
Rental cap of 10% increase - 4S ranch san diego
Hello,I have a rental property ( Condominium ) in 4S Ranch, Sandiego, I am currently 30% lower than the current market rate. i wanted to confirm if the rental cap of 10% per year Maximum will apply for me? I found ...
Seth Church
From vagrant infested problem property to gold mine.
Investment Info:
Industrial commercial investment investment.
Purchase price: $110,000
Cash invested: $2,000,000
399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space ...
Brianne H.
Can Canadian Corp Act Like An LLC? Cross-border Considerations
Hi, I am a Canadian looking to start investing in buy and holds (small multis, 2-4 units) in Ohio in the next 6-12 months. I've heard about the main benefit of an LLC being that you're farther away from personal liabi...
Mark S.
SMLLC Tax Extension Deadline
If someone files an extension and has a single member LLC (SMLLC), is the LLC’s extension due date 9/15 (or 9/16 this year) or 10/15?Even though in most cases it’s a disregarded entity for tax purposes, in Kentucky we...
Leigh Ann Smith
LLC's and Irrevocable Trusts
An attorney told us that an LLC would be best protected if an irrevocable trust is a 10% owner of the LLC. We've decided not to retain the services of this attorney. I'm not asking for legal advice here, just your u...
John Shoup
Portfolio loan preventing Fannie Mae loan
Do we have any underwriters that can help? I have zero mortgages in my personal name, but I have a portfolio loan under my sole owned LLC, in which I'm NOT a personal guarantor. Because I have "ownership interest" ...
Michael Mcguniess
Filling out a k-1 on 1065
I know there is most likely a long answer to this but I have made it to the point of filling out my k-1 forms and am stuck.
I created an LLC (partnership) last year with 2 members - myself and my wife.
Section K of...