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My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
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Hey everyone! I am new here to the community and looking forward to learning from everyone. I am looking to begin building a real estate portfolio - thinking a house hack is the most realistic way for me to get starte...
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Hey all,My wife and I recently went under contract on a new home. Our intentions are to rent out the house we are currently living in. We want to start an LLC for the tax benefits of being landlords and managing the p...
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1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
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Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...
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I already purchased a home to flip with my brother. Is it too late to start an LLC? I took out a HELOC on my current home to purchase the home and we just closed last Friday.
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I live in Colorado and I see that I need a registered agent to form an LLC in Florida, do I need to use a service like Legal Zoom or Zen business to do that or can I do it on my own somehow?
My husband and I would like to start doing Short Term and/or Mid Term Rentals. Could it be possible to open an LLC, and put some of the down payment with a business credit card? We have savings, but my husband is very...
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If you don't have money, you can earn it. You can get a new job, get a promotion, and learn a new trade. You can make more money over time. That problem can be solved. What can't be solved is having thin skin.And we'v...
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I need help with how to proceed with a dilemma I'm having with my tenant. She's been with me for 2 years; is on time with her rent monthly. However when it comes to maintenance task that I ask her to address they lar...