Jay Lu
Construction Loan as Individual or as an entity.
Hi all,Im trying to find out if I should obtain a Construction Loan as an individual or as an entity? What are the pros and cons of each? Which way is easier to get the loan? And less paper works?Thanks!
Ed Moran
High Net Worth Individuals - Tax Advantages/Best Practices?
Question is for folks that are 150K in earnings and investing in Real Estate as a passive investor and NOT designated as a "real estate professional. I currently have apartment complex (MFH) in FL and about to purchas...
Alvin Pereira
Buying as an Individual - Transferring to a Business
Hi my BP Family!
I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won...
Nathan J.
Converting Multi-family units to individually metered utilities
Hii am seeing a number of 4 unit buildings in the Kingston, NY market where the owner pays the heat. Does anyone have experience of converting this kind of house to a situation where the tenant is individually metered...
Jean Bolger
1031 exchange: selling as individual, buying as LLC?
So, I have a property that is held jointly by my husband and me (title is in both our names). We'll be selling this as part of a 1031 exchange, and I would like to take title to the replacement properties in a LLC (wi...
Stephanie N.
Looking to Meet Like-Minded Couples & Individuals
Happy New Year! My boyfriend and I recently completed our annual list of goals for the year and have a fun one we're hoping you can help us with. Our goal is to meet with at least one individual or couple each month w...
Rachel Rendall
Can you sell individual units of a fourplex?
Hi BP community,I am interested in buying a fourplex, but the downpayment will be substantial. I am wondering if after buying the fourplex I would be able to sell one of the units (each of the units is the size of a s...
Alan Deguzman
Arkansas LLC requires individual or AR registered company
In trying to create an Arkansas LLC owned by a Wyoming LLC, I've discovered that Arkansas requires that at least one member of a new company be either 1) an individual, or 2) a company that is already registered in Ar...
Stephanie N.
Looking to Meet Like-Minded Couples & Individuals
Happy New Year! My boyfriend and I recently completed our annual list of goals for the year and have a fun one we're hoping you can help us with.
Our goal is to meet with at least one individual or couple each month...
Charles James artino
Partnership selling a property, individual has tax lien.
I have a question, in regards to liens. If two people own a property ( they are both on the deed ) and they put the property up for sale. They find a buyer and its placed under contract. They buyer then goes to get a ...