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Hey everyone!So my wife and I are currently under contract in a home that’s going to be our primary residence. We got preapproved to buy are new home without making it contingent upon selling our current home. We are ...
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This is for those Real Estate attorneys or people who have experience with my question:My mother-in-law wants to partner with me on my next deal and wants to be a silent money partner in this deal.She has no plans on ...
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Alright all, we followed the advice of everyone on here and started an S-Corp back in 2017 for tax purposes when flipping homes. Additionally, we own a duplex in the company name but that is not the basis for my quest...
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I have an LLC for my real estate business (I am an agent - no investing yet). I am getting ready to move forward with purchasing a duplex for investment purposes. Should I purchase the business under my current LLC, a...
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Hi All, I'm flipping a condo in Cook County (Illinois) and recently discovered that the GC I've hired and paid more than 80% balance of labor has not paid the subcontractors. I have receipts and bank statements to sub...
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Is there a program or something that I can do to change owner paying to tenants paying there own electric water gas?
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Hi all,I got pre approval letter from my lender under my name. But now I’m trying to set up a Llc and would like to apply for mortgage with the Llc.my questions are : what type of mortgage can I apply for with Llc, is...
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Currently have 10 properties that are under my personal name and in a conventional loan, SunTrust and Plaza Mortgage banks. It’s time I add some sort of asset protection to my portfolio.I want to deed them over to a S...
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I have one vacation rental and looking to add a second property. We currently have an checking account for VRBO/Airbnb deposits that's part of our personal accounts (though it's a separate account). Our state requires...
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Hey BP,I feel like I'm doing something wrong, or not quite optimal, and I have a question that sort of requires a CPA, attorney, insurance and investor insight. I've consulted all but I seem to be running in circles w...