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Are there alternatives to Anderson and Royal Legal Services for the formation of a Statutory Trust (Wyoming or Delaware)? From forum posts on here, it seems like both have had client service issues recently. I don’t...
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I am a new investor in the Northern California area and I am working on putting together my “team” in preparation for my first deal. I keep hearing from many on the BP podcast that lawyers are a must. I also know lawy...
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I'm sorry for such a basic question, but I'm not very familiar with standard commercial leases. Ive only dealt in residential rentals. I'm in the process of negotiating a lease on some commercial property for another...
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Ive asked this question a bunch of times, and get very different answers (from people I meet). We both know when we buy our first (or first couple) properties, they will have to be in our names. My question is, h...
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I found a seller who's behind on their current taxes and a loan they used to pay previous taxes. They went to sell me their house but I am unsure of what forms I need to buy it cash. Will a title company allow me to m...
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Hi everyone. I’m planning on buying at least 6 properties cash in the state of Indiana. I’m doing my research of cities and the areas within them. I wanna protect myself from liability because all properties will be b...
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Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...
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I’m in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Will it benefit for us to have income comin...
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I am asking this for a friend:
Property X is under the name of husband (A) and wife (B) who passed away in 1960s and 1940s without any will. After the deaths, one (C) of the daughters started living there. After th...
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Hello, I have a number of Chinese nationals looking to buy & invest in the booming Collin County, Texas area. As i'm fairly new to this niche, can someone walk me through closing process? What are the tax implicat...