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Hi all, I took this loan out for my residential condo, now I am moving away and wanted to rent my residential to a tenant. But since mortgage was applied for my primary address. Can I request an address change? My bro...
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Greetings everyone,In parallel to my house search (settled on focusing on 3 family house thanks to gentlemen recommendations here), I am also starting my general purpose LLC.It will have a foot on housing rentals and ...
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Hey BP Investors,I wrote a blog post about the new IRS final regulations enacted January 1, 2014 and I followed it up with another blog post on a special requirement that some landlords may not be aware of - being tha...
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Do you necessarily need a promissory note if you file a mortgage? Say for example, I lend someone $5,000 on a free & clear house (listed for sale with a Realtor) and file a mortgage for $10,000 once the house sel...
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Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.
It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.
Real estate can h...
Good afternoon.
I have a question regarding my LLC. A little background. I have 12 rental properties listed under an LLC I set up. I set up the LLC in Georgia. My LLC name is "(mynamehere)properties.
Recently a frie...
Have a 2 family home in a R5B zoning, I believe community facility is allowed and would prefer to rent to a long term "commercial" tenant over residential tenant. I guess my questions are:
1. is community facility (...
Does anyone who is experienced in NE Ohio (Parma, Lakewood, Cleveland) know if there is something up with how title companies or the county would record owner tax address? (Where they mail your tax bill.) In 80% of ...
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For those that don't know, TN recently changed the way the franchise tax is calculated. Before it was calculated based off of the greater of net worth (most RE entities have a negative net worth) and property base, wi...
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'We are transfering property that is under our name to an LLC. We are planning to use a Special Warranty Deed. We want to continue to use our SSN rather than to get and start filing using a EIN, has anyone had experie...