I have a 7 unit property which we have a held in LLC and mortgage is also in LLC. In getting ready to get our taxes done I reached out to the bank about not receiving anything for what was paid in interest. They tol...
Hi all,
We currently do our own property management for all holdings in-house. We have gotten passed the discovery stage and now would like to expand on that side of the business.
How have you experienced companies ...
can your own self directed IRA loan to your LLC? would it just be a promisory note situation?
Hope every one is having a Happy Holiday Season! I am a new REI in the North Dallas area. I've been researching and learning for the past few months but it's finally time for me to make the leap and buy my first prope...
Hello Legal Eagles!I spoke with several syndication groups about joining them as a money raiser and got similar responses:"If you can prove that you can raise at least $500K we will consider you. But we cannot make yo...
The house next door sold recently and I met the new neighbor yesterday evening. Our discussions lead to where we work (at my day job). He is a comercial lending officer for a bank that I see mentioned frequently on BP...
I live in a home purchased(before starting investing) , titled and mortgaged jointly with my wife.
We are moving to a neighboring County.
I would like to leave the existing(owner occ) financing in pla...
Howdy!
I am getting set up with wholesaling, and wanted to get your opinions, as investors who are purchasing assigned contracts from other wholesalers.
I have read that it is beneficial to closing the contract with...
Does luck have anything to do with success? It has as much to do as hard work. As much as determination. As much as ability to align with successful people. As much as attitude. As much as the right opportunity. As mu...
Hello, question... When you purchase a property is it purchased as an LLC or stated another way , is each property its own LLC? Also, When you're acuring a deal, as a flip, do you acquire all under your S corp compan...