Looking for some input...I'm working on educating myself more when it comes to various tax benefits and trying to decide what would be the best route for me moving forward. Ideally I would like to have at least 1 LTR,...
I am looking at investing in either a turnkey rental or promissory note as an out of state investor (NC) in Illinois. The LLC/Corp is based in Illinois that I will be investing with/in.I want to make sure I fully unde...
I saw the new tax bill passed in December, and there is a change that pass-through entities (LLCs for example) will get a 20% tax deduction. Did I read into this correctly? Are any CPAs out there who could shed some l...
Hello Everyone!I am new to the community. I'm 23 years old, and I currently work a corporate job. Recently, my father passed away, and I don't know if I should stick in my corporate job or help my mom manage my dad's ...
I am launching a platform portal and need to invest in the development costs. If I were to seek a property and use the proceeds to fund the startup, do I still have to pay capital gains or can the "losses" from the s...
I just got my first rental property, the mortgage is under personal (myself). I then started an LLC to do property management on it.I plan to use this LLC as a landlord to do contracts with tenants and collect rents,...
I am semi-new to the real estate investing world. At the young age of 21, I own two rental properties and a third one under the works (Paid with cash). I have not yet created an LLC, which leads me to question 1. ...
My wife and I will be house hacking with a duplex once we close at the end of January. I have some questions around paying the mortgage and also about the use of a business credit card.
I currently understand the im...
I own a condo and it is in my name.
No mortgage, in Florida. LLC is in FL as well.
I want to rent it out and transfer the ownership to my LLC. I have read that I need to get a Warranty Deed. Is it that easy? Would a...
I've only in recent months decided to pursue real estate investing and I want to be maximally positioned as a credit-worthy borrower. I'm a physician and for the last 2 years I've worked as an independent contractor ...