Hi! Is transferring 100% interest from one single member to another single member a taxable event somehow? Does there have to be a "purchase" of that membership interest by the new member for some dollar amount fr...
Hi Everyone, been a long time reader of BP, but this is my first post. I currently have 5 SFHs in the Pittsburgh area that I rent. These are all currently in my name, i manage the properties myself and have no due o...
I opened a checkbook LLC with my Roth-IRA and it doesn't really fit my real estate investing. It now only holds stocks so I have been thinking of closing the LLC and transferring back into a brokerage. Would I have to...
How long after move in should I give the tentant to transfer the utility to their name? Do I need to put in the lease? In return can I require them to leave the utility on for 5 days after they move out? Thanks
I have a new tenant and this is my first rental property who has had the property for a week now. He hasn’t moved in yet to be fair but in his lease I noted that tenant must transfer utilities with in 3 days in his le...
I considering opening a solo 401(k) for our new long term rentals. Why aren't more people talking about this and instead refer to a Self Directed IRA instead (even though it seems leveraging a Solo(k) offers more oppo...
My daughter has just started her real estate investment journey. She currently has her 5 bedroom home for rent and was approached by someone wanting to rent it for an Adult Family Home. Anyone have experience with the...
Friend led me on to this site. Curious how legitimate the leads (Pre-foreclosure, tax-delinquent, & absentee owners) will be. the Salesperson seemed to know what they were talking about. Wanted to get y'all's prof...
Hello, I need to transfer few properties in Wayne County,MI from my friend name to my LLC. Both of us are in Canada in different cities. Is there a way to do it without visiting Michigan since I see on the website the...
I'm looking to start purchasing rental properties and have seen people recommend doing rentals through LLC's. Should i open an LLC first and purchase the house through the LLC or purchase the house personally and then...