Hey guys, Hope no-one minds but Im just going to brain vomit here. There is too much in my head and have alot of questions that I think im starting to hit analysis paralysis but on the other hand ive been researching ...
Hi. I hope my question is appropriate for this forum!I am a rental property owner, but also own a licensed home improvement company although I do mostly smaller handyman jobs. I have been offering my services to prope...
I’m wondering if someone can help clarify things for me. I want to start a airbnb business as well as a wholesaling business. I’m from California and I really don’t want to register my llc here because of its high tax...
I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...
Hi. Has anyone established a company (llc or other) to manage your own properties? Does it help from a tax perspective? Pros/cons etc.?Thanks.
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Hello, REI'S! Hope everyone had a great holiday!! Enjoyed some good food and fireworks displays! I have a question for the community: When I first decided I was going to get into REI back in January of this year, I se...
Hey everyone, my wife and I and her two brothers all own two homes with mortgages still being paid. All 4 of us are on the titles and mortgages. We all live in the two homes too. My wife and I in one home and my broth...
Hello everyone,
I’m seeking your advice on whether I should continue holding or sell a property I purchased last May 2023 in Windsor, Ontario, a city next to Detroit, Michigan. I acquired the house for $350,000 with ...
My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence regua...