typo on subjectcorrection * How to be scammed in Columbus Ohio on flipping houses Rene and I (two Californians)met a girl S on BP back to October 2019, she came to talk to us and promote herself as a realtor /flip...
I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...
Would love to have a conversation with, or be referred to, anyone that has had success with adverse possession in Texas or is familiar with it's workings. I realize it's a fairly esoteric area of RE law, so initially ...
Hi I have a question about 1031 exchange. I am an part owner of LLC the owns a commercial property. My partner who is majority owner wants to sell the property and buy another one. But he wants to be 100% owner of ...
This is interesting. https://www.wsj.com/articles/south-american-family-buys-eight-new-york-apartments-to-stash-cash-amid-coronavirus-11586952028Let me be clear. I definitely think real estate will drop in almost ever...
My raw land is under an LLC in NC. I want to domesticate that LLC in our home state of NJ so we can be the registered agents instead of paying a third party. Is this possible? I know businesses can easily move to othe...
I've heard differing ways on reporting flipped home sales. The LLC flipped 2 homes in < 1 yr and 2 homes > year. Partnership is dissolving. Do you record sale using 1065 form 4797 capital gains/ losses, show p...
Buying College Rental PropertyWent thru house with Inspector- second floor has carpet throughout- ripped up a corner and its all hardwood floors!! I want to rip out all carpet and sand/poly floors. Its 4 bedrooms ...
Hello,I have 6 properties under one of my LLCs, all of them insured with DP1 policies including $300K liability coverage. Recently I read a post recommending getting extra liability coverage through a commercial umbre...
My wife and I found a business we toured this weekend and we are sold. We are wanting to put an offer on it this week.Until last week and checking out SBA lending I was not aware of using a ROBS as a tool for the pur...