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OK, probably NEVER a "quick" question and answer concerning tax, $, etc. But I will try to make it simple. What is the simplest way to compensate one member (of a 2 member-mamged 50/50 LLC that has a couple rentals) f...
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I've been a broker for 7 years. I recently moved to a new market where rents are relatively high against low purchase prices. I am tempted to set up an LLC and offer investment opportunities to my clients back in Mass...
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http://news.yahoo.com/s/ap/20090821/ap_on_go_ca_st_pe/us_veterans_bonuses
If this is how a government run health care system treats war veterans, how do you think that you the ...
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If one loan broker (#1) refers commercial real estate loan to another loan broker (#2), for a commercial property refinance in California, and both Loan Brokers have a fee agreement signed by the Borrower, can both of...
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My wife and I have been flipping houses going on two years now. We now have private parties wanting to invest in our business. We are doing multiple properties where we are needing additional funds in order to flip ...
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I understand that things like rent are considered passive income and that sales are considered capital gains, and both are disqualified as qualifying income from which to make Roth IRA contributions. So I need to cla...
Hi Everyone!
I'm about a week out from closing on my first property, a duplex I'm house-hacking. I realize this is a question that should be answered already, and we have discussed it a few times but not landed on a ...
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Hello- I am new to landlording. I have tenants who just moved into my condo and are requesting compensation for: (1) repainting (I had to repaint a wall in a different color than they originally saw when I took down...
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What is an appropriate compensation/ownership structure of this one? We are preparing to meet with a KKOS attorney to form our Multi-Member LLC comprised of 3 Self Directed IRA Members and a 4th Individual Member.
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Hi, I have a condo and last sunday a leak appeared in the ceiling. My tenant reported it to me and I was in contact with the HOA immediately to figure out who owned the condo above me and to stop the leak. The leak ...