Yash Sharma
Real Estate Loss Carryover to Offset W2 Income - via Corporation rather than LLC
Hi all - new to the community and wanted to ask a question about the real estate depreciation / cost seg strategy and using resultant depreciation to offset W2 income. I understand this is a long-discussed topic but h...
Karen Beadle
Providence RI at Hilton 9/6
anyone going to the event at Hilton Hotel downtown Providence RI 6pm with fortune builders? I am going but inviting anyone (saw it on facebook and registered) its freeGrant Cardone said if you need to build capital fl...
Tyler Ansell
Student Manager in South Carolina
Hey everyone, I'm currently a property manager in Columbia South Carolina for a newly developed student housing community. I work for a fee-based management company overseeing institutional investor assets, this one i...
Jacob Claxton
LLC and Hard Money Loans
QUESTION: I keep hearing about using hard money to help fund projects when you aren't able to get a conventional loan. Looking into it, I see most hard money lenders will only lend to LLC's or other corporations, and...
Amanda Bruneau
LLC and a Second Home
I have a client that bought a second home and is trying to put it into an LLC, but because it is a second home and not an investment property the lender will not allow this. She is starting to rent it out on Airbnb an...
Maria Knott
Newbie Wholesale investor found many pre-foreclosures in my area.
I found many pre-foreclosure properties in my neighborhood and I’m interested in reaching out to the owners but I don’t know what to say. I’m thinking I may need to get a mentor first. Any suggestions?
Jabari Adams
Contacting Owners
Hello all! My name is Jabari. I am starting to buy my first rental property and got a list from the township of all the foreclosed and vacant properties in the town. The list includes the address, mortgage representat...
Veritas Harmer
taxation of single member LLC
I know this may be a simple question but I am having trouble finding the answer. 1st, In regards to a single member LLC taxed as a pass through, which state do you pay taxes? I live in Illinois but the property that...
Xuan Ni
Can Partnership LLC deduct 1098 Mortgage interest if borrowers are partners not LLC
We started an LLC partnership solely for the purpose of managing a short term rental property. We bought the property around the same time the LLC was formed. So the mortgage listed individual partners (SSN) as the bo...
Steven Vaughn
Trying to Start a LLC
Me and my 2 business partners are trying to start a LLC. What are some of the best companies to start one with or can we do it ourselves. I have one property and my other friend has two properties. Can we put all 3 pr...