Hi all,I know the *real* answer to this question is ask an accountant. But I dont have an awesome real estate savvy accountant yet and sometimes the best advice is from people who are experienced in doing it.We are i...
Hello everyone!
I am signing today to sell one of our live in flips! I will be using the proceeds to possibly buy a great cash flowing duplex close to our current house. As of right now, all the properties we have pu...
I am in the process of starting construction management & consulting business.At the same time, I am buying a personal home that I will rehab and live in. Can I remodel the home I am buying through my LLC? Legally...
Not asking for or expecting legal advice here, but I thought someone might know the answer to this.
If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...
I have a property with an accessory apartment (I live in the main house) and 2 investment homes that I want to rent out... the properties are in my personal name but I want to make the rental agreement with three sepe...
Need help determining the fair rental days.
Purchased a rental property on July 15, 2019 and it took 3 weeks (repairing and making improvements) to get it ready to list on the MLS for rent. The property was listed ...
If we have a new LLC to maintain the rental portfolio but the rental properties are still in personal names is it OK to spend money on the rental property using a business credit card and collect rent to the business ...
I am considering taking my social security income early. I found there is an exception to the earnings amount limits I can make after taking social security when I receive income from rental rooms or apartments for s...
Newbie question. Forgive me if already posted. I'm looking to start investing but am a bit confused about asset protection via LLC yet using my own funds and credit to purchase a property. My plan is to follow the BRR...
So, I was about to do a HELOC and Refi with my Companies Credit Union, but there are stipulations on what the HELOC can be used for, I was told, "you cant use the HELOC to buy a business or another home." Can anyone s...