We have 3 LLCs, one of which is a Series LLC. One of the three is the managment company owning no assets. All rents and expenses go through this LLC. The remaining funds are then sent to the other LLCs that own the p...
The market is gangbusters in San Antonio and I am thinking about selling my whole portfolio of turnkey properties (SFH's) with tenants to one investor and sail into the sunset at this point.However, and I probably nee...
Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
I've been investing in multifamily for 2 years now. I'm up to 40 units. I operate my apartment buildings as mid-term rentals.It's been a nightmare.Returns are amazing but it's a full-time job. Tenants expect hotel-lev...
Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...
So, I spent the morning with a genius, Investor/Hotelier. During this meeting discussed the use of Industrial Revenue Bonds.
I have placed Industrial Revenue Bonds for local Industrial clients, but never
he...
Hello! I am currently 33 years old and most of my investments are in the S&P 500 as well as other index funds. I am considering selling some of my stock (between $50k and $100k) to put a down payment on a rental p...
My oldest daughter's best friend (21 y.o.) is researching different types of loans for when it's time to pull the trigger and buy her first place. So here are a couple of questions for those of you willing to give so...
Good day BP from Clarksville, TN!Apologies for the lengthy intro. We’re about to close on the sale of a house we bought as our primary home 10 years ago. Since I’m active duty military we rented it for almost 7 years ...
Hi there,My name is lyle and I am a Baltimore teacher and prospective real estate investor. After months of reading this blog and several bigger pocket books I have paid all my consumer debt off and am currently house...