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...
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...
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...
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...
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...
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...
Hello BP,I’ve read in a variety of places on these forums that it is financially more advantageous to own real estate in your own name as opposed to your solo 401k. Let it be said that I’ve primarily interested in sma...
Does commercial mortgage appear on individual credit report if personally guaranteed?And if there was a foreclosure on that property would that appear on credit report if personally guaranteed?
Hi, everybody, we are private lenders. in the past, we have been lending out using our individual names as lenders as well as our LLC as lender. Now I have a new lender (who just started) asked me what are the pro and...
Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?