Looking for the correct/best way to account for Debt Financed Distributions from a Cash Out Refinance on a commercial property?What get's credited and what gets debited?So far we have:Credit: New LoanDebit: Cash Accou...

I initially had citizens insurance approved. They are now going back and cancelling my policy as they said the roof was not satisfactory after reviewing the pictures. In case I can not fix the roof in time, I would ne...

Got a property in VA that I'm considering selling via 1031. Intent is to buy something equal to or greater in NC, question, what short term liability do I owe to VA once transaction is complete? Only liability ( ...

I will be talking with another investor in the coming weeks who is trying to sell their Duplex (could possibly be a triplex). Looking at the initial numbers for my bank financing (commercial loan because the property ...

Has anyone rented their roof for additional monthly income as it relates to solar energy?This opportunity has presented itself to me and I'm doing a bit of research. I can rent my roof to a company for solar power. If...

What's all the Hype with the new law? Well this will apply to your RE LLCs…
A new law was passed back in 2020 which has not been on the radar for most business owners. Let's start with the fact that the U.S. Treasury...

I had an inquiry for one of my rentals about leasing to a company.  The company is a healthcare training provider that sends instructors to my area throughout the year.  They would abide by my maximum occupancy rules,...

How are you currently doing it?

My wife and I formed an LLC with the initial idea of buying rental properties through our LLC for the extra protection on top of umbrella insurance. After talking to bankers all over ...

management company will do a good job?  With 10% pay?   with management company there for you, you can really go travel without worrying?   Will they take care of finding tenents, repairs, eviction, rent collection?  ...

I will be meeting a lawyer tomorrow for my first time...I was wondering if there were any important things to inquire about?I will be focusing on buy-and-hold, as well as wholesaling single and SMF properties.Thanks!