Hi I have my own business and getting my first Airbnb in CA. Should I set up an LLC for Airbnb for protection? Does a single member LLC provide the protection?
View report*This link comes directly from our calculators, based on information input by the member who posted.Could someone explain to me cash-on-cash return? I keep looking it up and heard many tim...
Hey everyone! Been a while since I was on. I want to know what to expect come tax time. I started my L.L.C., and have a business checking account for it. For the entire year of 2009, I have been and will continue ...
I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA). Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...
I have been recently using some private money with the terms as following:5 Year Interest Only with ballon payment due at end of loanNo prepayment PenaltiesWill Loan up to 70% of the appraised value of the homeNo Cred...
Greetings. I am a first time SFR investor currently in the process of looking for a property and was wondering if I should start an LLC off the bat, or I've heard I could get an Umbrella insurance policy? Properties I...
Hello BP
I thought I would tap the wisdom of BP to get my question answered.
If I want to invest in a syndication deal but don't have the total amount needed in my IRA can I supplement it with funds fro...
Hi All,There has been a lot of discussion on the forums about estimating CapEx. I thought it'd be good for newbies, such as myself, to hear what the seasoned pros are budgeting for CapEx. I'll go first.SFH: $975/m ren...
Hello everyone,Can someone give me an example on how these private and hard money lenders work using numbers? Especially if you have no money down?I met this guy from my area on vacation in Orlando and he's a investor...
Investment Info:
Single-family residence fix & flip investment in Mitchellville.
Purchase price: $86,500
Cash invested: $32,000
Sale price: $168,500
We bought this house site unseen through a...