Good Afternoon Everyone,If I have a property management company, do I have to give vendors a 1099 each time they perform work for me? What is your process for hiring out services such as Plumbing, HVAC, General Contra...
It's my understanding that during a 1031 exchange, title must be held the same in both properties. What steps should a divorced couple take, who currently holds title as CPWROS, to exchange into properties so they no ...
I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...
I'm trying to structure a California LLC as the non-cash partner. My partners are bringing the cash to the deal. We are building ground-up condos and planning to hold them for rent long term. I found the property and ...
to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...
Hello:
Asking for advice. As a landlord, I have a 'jointly and severally liable agreement' with 4 tenants. The lease is about to expire end of April. Half of the tenants want to move out and the other half wants to s...
Does anyone know a way that it is possible to use a self directed IRA to invest in an LLC that I own as well? According to the IRS rules, i would be considered an unqualified person since I own both.
I am 64 years old, working and am saving 401K offered my my employer. I'm planning to retire in one year but instead of depending on my 401K as my sole retirement fund, I wanted to buy a rental property to supplement ...
All payments to my contractors are paid through my SDIRA.
I am wondering how others are getting their contractors to sign-off on a lien release before your SDIRA company issues the final payment to them?
I am not s...
I am new to Real Estate Investment. Recently, bought a house in Auction that have everything still there, clothes, furniture, shoes, photos on wall and dressers, food in kitchen, vacuums, and all personal items. Its a...