Mohammad Foro
Can a c-corp assume all liability without property title?
I am looking to setup a c-corp to collect rent on my multifamily unit. The catch is, I dont want to put the title of the property in my c-corp's name - I want it to remain under my personal name.
Can I use th...
Account Closed
New Elevator needed in 2 buildings (1 mixed used, 1 residential). Anyone have experience
I'm in the process of joining the business with my family. I'm new to all this real estate investing and management, but I figure it's pretty common sense and takes some creativity. Anyhoo, 2 major things that stand o...
Jeremy Ashford
6-unit former storefront: looking for design ideas for exterior
I bought this 6-unit cinder block building back in March. Now that all of the original tenants are out, it's time to get serious about rehab. I'm having trouble imagining what its best look would be. My first inclinat...
Patrick Sears
Opportunity Fund tax question
Hello,Wanting start an Opportunity Fund to buy and hold SFR property located in Opp Zone. Planning on it being single-member LLC (taxed as corp, not partnership) for now to get started. From the reading I've done it...
Angie Menegay
Warranty Deed to LLC & Mortgage Interest
Hi everyone,
I don't know if this question has been addressed before (my apologies if it has since I couldn't find the right thread). I'm thinking of deeding our rental properties into an LLC (our lawyer suggested Ge...
Mark Marinaccio
estimate repair costs
I am a total newbie sitting on my first lead. I have int. and ext. pics from the property (vacant) and have built a relationship with the absentee owner but I need some help estimating the repair costs.If anyone could...
Willie Webb
1031 Exchange - Flip House to Rental Property
I know this may be a silly question for the experienced REI and CPA's; but is it possible to roll a 1031 exchange from a flip house to a rental property. I know that the investments from the 1031 exchange has to be of...
Uriah D.
Bugs bugs bugs
Rental is owned in nc. Specifically Raleigh. The lease doesn't specify anything about bug treatment or whose responsibility it is to treat for them. Is this the tenants responsibility or owners? This is in a condom...
Jason Becher
1031 Question
My parents co-signed a mortgage to help me get a better rate when I bought a condo, and are on the title. Now I'm doing a 1031 exchange and dont want them to be on the title for the new property or have any tax proble...
Stephan Precourt
Tenant blaming health issues on property
Hi all,
I bought an old (1900’s) 2 unit property exactly 1 year ago this month. The tenants have been okay, though kind of a pain getting them to pay rent on time. In early august, my tenant notified me about mice sh...