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Does anyone have experience transferring an existing primary residence mortgage into an LLC to transition the home to a rental property?
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I have a former primary residence I want to convert into a rental. We would like to have the property to an LLC for liability purposes and then have the LLC owned by our Family Trust for Estate Planning purposes. Howe...
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If i had a solo 401k and invested in a SFH as a investment property.Could you then rent out that SFH by the room(house hack) for better cash flow?is this possible?
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What's your experience with LVP? I need to install a floor (or have it installed.) What's better, interlocking, adhesive, loose lay, or peel and stick, or click/lock?
What thickness of wear layer should I get? What t...
I had several rental properties that had accumulated passive losses. I started a LLC with my wife (2010) but those previous losses were not carried over at the start of the LLC. My accountant at the time said they can...
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When you have a potential investment partner for a rental property, how do you typically finance the mortgage on the property that makes your LLC the owner on the title/deed and not you specially? For conventional fin...
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I'm borrowing money from a private money lender to close on a quadplex. He mentioned he will transfer the money to my account and not the title company. Is that okay? Also this is my first time with private lenders. W...
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If all goes well, I will close on a property on 2/23. The property already has tenants, who I am going to screen, and (hopefully) keep. I will get their rental applications later this week. Should I get leases in plac...
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I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
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This was my first property in Baytown, TX which I bought using funds in SD-IRA and took a non-recourse loan on it as well. Its rented out for $1400 (lease was renewed for another year in March), professionally managed...