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I'm looking for some information about how corporations work in the terms of personal. Can I set up a holding corp that shows no income (paying no tax) as a through entity?Essentially, I am working with a group of 3 o...
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I have several properties held in an LLC I'd like to cash-out refinance. I can't go conventional or I'll exceed my allotted 10 properties/name. Is there a cash-out refi product built for SFH being held in an LLC? Havi...
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Hi there,I recently was forced to evict a “tenant” from a home that I know in Royal Oak, MI. I use the work tenant is quotations, because the lease was not signed with an individual, but rather a LLC for a property ma...
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Hi BP,
I have a question that I'm sure many of you can answer.
We purchased a home to rehab last year in an LLC. The rehab was completed last year, but the house did not sell by the end of 2011. If the house had so...
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Howdy,New to real estates crowdsourcing, and there is a nagging question in my mind regarding the implications of investing in Fundrise's eReits or eFunds. Simply put, if Fundrise is sued are unitholders(which are, in...
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I've seen several posts related to losses from a BEC scam and came across this story of a title agent that lost some money to scamers and tried to recover from his E&O insurance.
The United States District Court ...
Are there any local banks (in DFW) that lend on rental properties held inside LLC.We used to work with a mortgage banker who had to move out of DFW so looking to see if others have any contacts / recommendationsHave t...
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Hi I am newbie and wanted to find out if you sell a residential property that is titled under an LLC can you use the 1031 exchange for capitol gains exemptions?Kind Regards,Stephanie
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Had a question for the experts here. When you get liability insurance for your rental property. I'm assuming you get landlord insurance and Umbrella Insurance. My questions were a few fold:1. For Landlord insurance,...
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I have been looking into portfolio loans and I have a few questions that need clarifying
First off when you get a portfolio loan can you add additional properties after creating the original loan as in the future I a...