Max Shaw
Partnership and a 1031
Hello All,I have a question that I can't seem to find a clear answer on.I have a single family property that my wife and I purchased with a partner. All 3 of our names are on the note. We currently have the property u...
Kim Tucker
Real Estate Taxes Jackson County Missouri
Jackson County Missouri tax assessments went out and some property owners saw huge increases - were talking CRAZY HUGE SPIKES for some. The deadline to appeal was June 24th, but it may not be too late as it seems the...
Kelvin Ng
Private lending through LLC or Personal?
Hey there everyone! I’m new to REI, and I’m looking to invest passively as a PML. I know LLCs are great to have for liability protections and all. But say there was a deal available and I don’t have a passive LLC read...
Shawn Stiteler
Small birds (caged) and Fish... count as pets?
I recently just signed a lease on my first rental property. This property was listed as no pets. We did find a very good qualified individual to rent to. However at the date of the lease signing he asked if fish or ca...
Rafael Ortega
Buying Real Estate under LLC or your name
Hi Team,
I have two properties under contract ( single family homes). Should I buy them under my business name LLC or just under my name? these will be my very first rental properties. I will use hard money lend...
Joanne Tsai
any downside of having only one insurance company?
Hi all, this question may be a little odd, but would appreciate everyone's input. Is there a downside of having all your rental properties under one insurance company? We are not familiar in this area when it comes to...
Brian Williams
Buying land with owner listed as "ABC Inc Profit Sharing Plan" -
Non realtor (me) drawing up purchase contract with seller financing land deal, owner is listed as "ABC Inc Profit Sharing Plan" in the county CAD. The selling realtor is telling me to put seller as the name of an indi...
Shawn Beers
need managing broker in Washington State
Hi All,Looking for ideas. I want to start a property management company in Washington State. I am not a realtor or broker nor have I ever been one. Washington State law requires that property management companies h...
Ken Latchers
Liability idea - Property in my name, but managed by my LLC??
I am buying a multifamily in a state with high (franchise, etc.) taxes when entity owned but not individually owned. So I will put this one in my name rather than an LLC. And getting strong insurance. But there is ...
Martin Z.
licensed sales person in CA
if a licensed sales agent in CA who has passed the sales person exam, who is not registered with a broker yet, rents or sells his/her own property, does that person still need to disclose that they're an licensed sale...