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So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he...
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I'm buying my 4th property (a duplex). I was told that once you purchase more than three properties, you need to form an LLC to protect yourself. I'm an accidental RE investor. It wasn't my intention to hop head first...
Hello all, I am close to getting into contract on a rental investment property in Raleigh suburbs (Johnson county, NC). I am from CA and have had a family trust for a couple of years. My CA real estate attorney had ad...
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Hello,I am new to real estate investing. I currently have 3 LTR and soon will be remodeling a small family-owned shopping center in Wimberley, Texas. My question is how can I leverage my 3 rental properties to cash ...
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Hi,I have a self directed solo 401K, and am wondering if the following business model will generate UBIT. I will ask my lawyer/CPA as well, but want to see what BP community thinks. Here is the model -My 401K trust ...
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I may be named a trustee for a Virginia trust that will have among other things real estate within it. Virginia has certain trustee requirements that a Non resident (out of state) trustee must satisfy, that a Virginia...
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I have been reading many posts and still confuse about Land trust and LLC.
Do i need lawyer for Land trust?
What are the steps in Georgia to transfer property to land trust?
Is land trust best opt...
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We are new out of state investors and are setting up a revocable living trust to hold our assets. Our lawyer recommended using our personal names to name the trust but I thought it was better to pick something that wa...
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Hey Guys,I would like to place my primary residence into a revocable living trust in order to avoid probate in the event of my premature death. I don't want to leave a mess to my heirs. Most of my other property wil...
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Hi there,I’m planning on becoming a private lender to some local investors. I would appreciate any insight from people who do this routinely, any resources to share, such as agreements, etc.. I know I would need a pro...