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While I know this is wildly different across states and formation types and the like but...anyone have any sort of guidelines on what an attorney should cost for setting up an LLC? I'm focused on Delaware, but I imagi...
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More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...
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I have to say, this site is amazing, and I'm in total information overload right now trying to absorb it all!
I'm curious, for those of you who own investments in other areas/regions/states, how did you get ...
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Full disclosure: I am a licensed real estate broker in Ohio. I am also an investor. I have done lots of research on the practice of wholesaling. I must say in my opinion this practice (in most forms) is at a minimum s...
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For those who buy and hold - how do you decide when to fold (sell)?
Here's the situation: Bought several OOS properties starting 2.5 years ago. We "chose" this location because my husband was assigned there for wor...
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Ladies and Gentlemen, I need some feedback. I need some knowledge. I would like to know what’s next? Has anyone else dealt with issues like these before? Property is a 3plex. Non rent control area. Se...
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Here’s the deal: $1.1M multi family - 4 units. Each unit is 2 bed 1 bath. Somerville MA
Assumptions: we can rent each apartment for $220/night at 60% occupancy per month (about 23 days).AFTER mortgage, taxes, insur...
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
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I figured this would be a good place to document what I'm doing. (I'm sure we can move this if we need.) I welcome constructive criticism. I even welcome someone telling me I'm an idiot. The goal is to write it do...
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I have my first rental property and my first tenant is a needy one. He literally calls at least once a week about a problem. Some were legit, like a running toilet. Others, not so much; such as his wife thinking there...