Jeongmin J.
LLC for income property
Hi,is it common to set up LLC for income property in CA to protect from lawsuit despite $800/yr tax?If it is so, how long does it take? Is it too late if I do after my offer is accepted?If you have recommendation for ...
Nic Armond
Pre-Signed Deed in Lieu Execution (Montgomery County, PA)
Hello, BP.
I'm looking to contest a deed in lieu that was recorded against an investment property of mine on 11/16/22.
Just a quick backstory: this deed in lieu was given to me by lender to sign (which I agreed to ...
David Marzullo
Typical Private Lending Rates?
Hi, I'm new to bigger pockets I'm interested in different areas to earn passive income. I was approached by a friend who currently has 4 rental properties and is looking for a fifth however his debt to income ratio is...
Abraham Kauffman
Just send it to the lawyers already?
I bought a three unit apartment building sometime earlier this year. Was just going to redo it and sell it.Hired some electricians to take care of it. After they inspected it, they gave me a verbal estimate of $4,500....
Drew Clements
Release of lien form - working with contractors
I'm doing some remodeling on one of my units and trying to follow advice from some of the articles and posts on BP regarding working with contractors - most everything seems pretty straightforward, but I'm trying to f...
Julian Christel
DO NOT CALL list (DNC) - Updated 2022
Hey,
I read a similar bigger pockets post from 2010, so I want to post again since regulations have probably changed since then. Also, I'm getting mixed results for whether I can or cannot call the DNC list if I am ...
Norman Berman
Good holding options besides an LLC?
Hi folks,
Wowwww I am so pissed at my home state of California right now:
I am planning out of state investments in buy-and-hold multi-family properties. (Insert standard California refrain: "It's too expensive her...
Thomas Smith
Experienced Real Estate Lawyer
I am looking to purchase rental properties outside of the state I live in CA, and looking for a lawyer to assess my situation and provide advice on acquiring The properties via LLC or Trust with umbrella INC. I live I...
Andrew M.
TX Series LLC and Structure/Taxation
Howdy everyone, I've got a question for you tax and legal gurus. I'm getting highly differing feedback from my lawyer and CPA on the proper structure and taxation of Texas Series LLCs.
The CPA is advising that each ...
Jason Kim
Seller undisclosed information
We recently purchased a home in the Plano, Texas area. However several large issues have come up that were not disclosed to us during the process. Does texas allow for the home owner to give back the house and recoup ...