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Hello! As I begin my SFR journey I'm wondering whether I should form an LLC or other legal entity that would help protect my personal assets and/or provide tax benefits. There also seems to be a non-insignificant cost...
Situation:1- W2 employee making $230000-$300000 a year. 2- owned 2 properties under personal name, 1 in LLCWhat are the best way to get tax benefits ?Renovated a house-hacked but because of the income, we could not de...
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If you were to start out in a small owner occupy multi deal would it be beneficial for someone to partner with another investor? How would you structure the deal? How would the cashflow look (would there be any tax ...
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I’m looking to start my investment journey by purchasing a duplex, living in one side and renting out the other. I only have enough for an FHA loan which requires a 3.5% down payment. I’m having a hard time finding pl...
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I understand the principle of a lease-option deal, but just finished a book that suggested using a lease-option on both sides of the transaction. In other words, lease a home (no money down) with an option to buy, the...
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Hey everyone,
First I'd like to say that though I don't post much, I'm always browsing and thank everyone for the wealth of knowledge on the site.
I have a somewhat unique question that wasn't quite answered by a...
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Ok, random one here... anyone in Indy ever put solar panels on your rentals? Now before you tear into my crazy idea... I know, I know... I'm sure there a ton of reasons why you don't want to do this... but I'm an env...
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Hi all,I've heard several people mention using OPM to invest in real estate. While this sounds great, how does this actually work and does it actually turn a profit? For instance, if I manage to raise private capital ...
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Hi BP. I'm interested in learning about purchasing property with a self directed IRA. I have a 401k from an old job that is sitting, growing slowly. If I can learn how and it makes sense I'd like to use that money to ...
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I am getting conflicting information from 2 entities that help create LLCsThe property I am buying is in Arkansas, but I want to open an LLC in Wyoming One entity that helps creates LLCs is telling me that the WY LLC ...