Account Closed
1031 exchange
Can you 1031 exchange a property owned by your LLC into two properties you own personally. example belowSteve & Matt are partners on a 4plex. They change title of there 4plex to their LLCThan they 1031 exchange th...
Account Closed
Business purpose loan becomes consumer loan
If I lend to a rehabber's LLC for the purpose of a fix and flip, this is truly a business purpose loan, at that point. What if the rehabber after the rehab sells subject-to my existing loan to a owner occupant, do...
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
Cathy Malmrose
When and How to Retire? Recommendations on therapist
Does anyone have a great recommendation for a therapist who understands 1. entrepreneurship, 2. early retirement, 3. financial freedom most people don't achieve, and 4. codependency that can kick in when you have the ...
Gary Grossman Jr
LLC Questions for newbie investor
Hi guys! Newbie here... currently I live and own 1 rental property (SFH) in New Jersey and looking to buy more doorsteps by EOY. I am in the infancy stages and doing a lot of research/reading. I have two questions reg...
Christian Brown
Should I Have a Website?
Hey guys I'm wondering what your thoughts are on having/starting a basic website as a new wholesale business; initially for the purpose of credentials? I know that some people might not find a business/person credible...
Kaylin Gonzalez
Which one would be better DSCR Loan or Second home/Vacation home loan ?
Looking into purchasing a vacation home and i just learned about different types of financing products and I'm curious what is the different between DSCR loan v second home/vacation home loan ?
Tristan S.
Service and ESA dogs for SFH rental exempt from FHA?
Hi,Recently put my first rental on the market (SFH) in Texas. I recently got prospective tenants mentioning that they had two service dogs including a german shepherd. I think they actually meant ESA instead of servic...
David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Hermilo Garcia
LLC
Hello everyone,I have been reading books by Robert Kiyosaki lately, and he talks a lot about creating your own LLC to protect you assets.Should one create an LLC before purchasing property, or after?Any advice on LLC'...