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Hi all,I’m planning to purchase a small multifamily (10-20 units) in another state (as much as I love CA, I won’t be buying here!).I known I’ll need a lawyer to help me through the transaction. Should I find a real-es...
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Hi!
My mother and I are planning to form an equity partnership for a multifamily (tri or quadplex) home in Los Angeles. We are still in the early stages of hammering out the details but will most likely get the ball ...
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Can anyone tell me what happens if a home has been renting out for just over 3 years in terms of the capital gains exclusion. Do you lose the entire benefit or is there a sliding scale. Let's say you're trying to deci...
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I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
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I have a SFH that I would like to place into a trust. How would I go about that? Do I have to reach out to a lawyer or something? Or what kind of professional would handle that?
Any recommendations on who to reach ou...
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This seems like a very newbie question. How do you begin funding an LLC? Do I go into my local bank and let them know that I am looking to open a business checking and/or savings account under my LLC? Once in, do I ne...
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Hi,I have numerous rentals and rehab them as an owner /builder and do a lot of the work myself but also hire out some of the work. To protect myself I am thinking about making an LLC only for operating the rehabs and ...
Hi, We are a married couple and own a primary residence in Bay Area, CA and another investment property in Redmond, WA. We recently setup a trust in California. My attorney mentioned that the state of Washington has v...
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I am currently in CA and have an investment property in OH. I am trying to understand what is the best level of asset protection for holding these If I create a Wyoming LLC (which will be the holdco LLC) ? And can hol...
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I've never sold investment real estate before so I'm unfamiliar. I have a $2M building I bought for $935k, 3.5% down. It has ~$580k left on the 3.25% mortgage. Someone wants to buy my unused development rights for ...