Already established a multi-member LLC with my business partner to purchase our first BRRR. We plan on funding the first deal ourselves. What's the best way to put money into the LLC to reduce tax liability?
I now own 3 multi family homes under my own name. I am looking at a commercial building also, all for buy and hold. I need to start a company because I don't want these in my name and need some protection. I need a...
So I have been listening to the Bigger Pockets podcast and have heard a lot about LLC's on there. They haven't exactly gotten into what an LLC does however. What is the purpose of it? I have also heard of different pa...
Am i able to use the equity of my parents house if they do a cash out refi and deposit the funds into a joint checkings account with both our names on it? Will this incur any tax liabilities?
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...
I am somewhat new to real estate investing but have plans to purchase 2 more properties over the next 6 months. I currently have 2 rentals and I am about refinance them to get $ out to fund the next 2. With that said....
I have done only buy and holds up to this point, and my focus will continue to be buy and hold in the future.I have two LLCs, #1 is more established with 4 rental properties right now. With all the tax write offs incl...
Hello All,
I purchased a property with a friend/partner roughly 2 years ago. We used to live in the property together as college roommates but have now both graduated and have since moved out. We now rent this proper...
I am looking at buying an investment property. I have talked to a couple of different lenders, and they quoted me 25% down and a fixed interest rate for 15 years at 3.75%, but here’s the catch, this is only if I put ...