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We own and self manage three rental properties. Two of them are in Kentucky and one in Florida. We would only plan to manage our own properties.
Would there be any tax advantages, or any other benefits, to starting o...
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In another thread @Samantha M. asked me;
How did you ever get these accepted, and how did you know you could offer so low.
Here is a house we bought for $1,200 and wholesaled for $17,000
A...
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I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
I am interested in my first turnkey property and have been trying to narrow down some of the best markets for 2019. I like the look of the Nashville market for long term stability and potential appreciation but am wo...
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CPA question. I am going to make up some easy numbers for thought experiment for a tax strategy, in my head for the future, but thinking I am missing something. Business owner (Joe) sales a small business ( not rea...
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My business partner and I are structuring our new business here in Michigan. I've listened to the podcast on limiting liability, which was awesome, but I have a couple questions.Is it possible to set up a series LLC ...
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I am sorry that this is more of a query but I am just here thinking & this idea pops in my head while watching Night Shift. I thought...could you convert a hospital into an apartment complex. I went to google &...
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I want to start implementing the BRRR strategy, should I have an LLC or all the property should be under my name for finance purposes? Will it be easier to refinance under LLC?What is the best strategy to do BRRRR? ...
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I have found a tenant that has agreed to a relatively unconventional agreement for my furnished property in a popular vacation location. I would like to be able to occupy the property for 1 week every 4-6 months, whic...
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Hello all,So I have a Good problem I guess, but that does not make easier to decide where to go. I was (am) a Dave Ramsey fan & spent a few years paying down our house AND a 5 unit Multi-use building. I now beli...