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I'm negotiating a deal on a property, and when I did a title search through the county website I found that the seller's ex-wife is on the quit claim deed as a life estate interest. After normal quit claim statement i...
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Hello,I need a real estate bookkeeping accountant team that I can actually just call if I have a question about what they are doing with my books without being pushed off onto a calendy and told My business doesn't i...
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Four of my properties (8 units) are in one LLC and my accountant advised me that being a single member of the disregarded entity is not the best idea. I talked to my attorney and he is forming a simple trust where I ...
Hey BP,I have a single family rental in Huntsville, AL. It has been on the market for 45 days with only 2 showings and no applications. It is currently being managed by AHI. I'm pretty disappointed with this turn of e...
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Thought I'd put this out here for any serious opinions. When a fund deploys investor money that comes from an IRA or employee benefit plan or pension plan, that money is ERISA eligible and possibly subject to the 25% ...
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If you have 3 investment properties in personal names, how can you later sell each and buy another in order to qualify for 1031? They can mix up.If you buy each in different LLC names, easier for 1031 tax purposes. ...
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Good morning everyone,I am struggling to find a good way to let my tenant pay his rent. It's a single family house with a tenant who doesn't have a bank account, doesn't use smart phone nor computers. What are my opti...
Hi all,I am learning so much from this site and I am trying to gather info before starting to look for my first investment (rental) property in the states. I live in Canada (East) and can’t even think of buying an inv...
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Hello,My question is how to decide which source of funds to use for which part of the investing process. If I have saved roughly $15-20K of my own money and have about $60K in a HELOC, which should I use first? Should...
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Hey guys, I've been listening to your podcast for a few weeks. Can't stop. Won't stop. I'd ask my accountant and attorney this question but you're always telling me the forum guys are free so, here goes:My husband and...