I have followed Garrett Suttons advice for starting a corporation out of state. If you are not familiar with Garrett Sutton, he is one of Robert kiyosaki "Rich Dad" advisors He advises everyone to start an out of st...
I am setting up a new LLC. Is there anywhere I can establish a business line of credit without out of pocket expenses?
When starting out a wholesaling business from the ground up, with not enough capital yet to incorporate, and act as a sole proprietor, does one still sign the contract in his/her own name or the company name?
Hello experts,This is my first time selling a property and need some guidance. Appreciate any help/pointers. I have a town home (Tampa) which I want to sell and do 1031 exchange to buy an STR.Need help with following:...
I already have an e-mail into my attorney/CPA with this question (so don't bother telling me to check with one), but while he's answering the 80 or so e-mails before mine, I thought I'd post this question here to get ...
Hello,I purchased a single family home 4 years ago and just recently moved out and now owner occupying a 3 family. I rent out the SFH and also have 2 tenants on the 2nd and 3rd floor of the 3 family and I’m on the 1st...
I have one property that is being rented out and they are not paying rent. The house is in both my and my spouse's name and we file our taxes jointly. What do I put in the SBA disaster loan application? Do I put gener...
I'm going to hold rental properties in my own name and manage myself, however I'm unsure about whether to manage the properties under my own name as well.I"m not interested in the LLC vs sole proprietor debate plea...
I have a DBA, I'm not sure why. :) I was advised to open a DBA in order to pay my kids for helping with the rental improvements, lawn care, property management, etc.Do I need one? How does it help? What is the BIG I...
I just bought my first rental home and will be using a property manager. I wanted to understand whether there is any advantage to creating a sole proprietorship. I can could use this to open a business account at my...