Kinju Dudhia
Tax benefits between partners
Hello!My brother and I have invested in a duplex. We closed on the property very recently. Mortgage is under my name and we both are on the title for the property. Can he claim tax benefits next year?If not what can ...
Will Barksdale
Ownership percentage vs. profit allocation percentage
BP,
I have an interesting question regarding ownership percentage vs. profit allocation percentage within an LLC.
I want to have an operating agreement where party A owns 60% of the LLC and party B owns 40%. Addi...
John S Lewis
Please help on Certificate of Occupancy/Tenant not to be disturbd
So I'm looking at a small 2br house withh a "long term tennanct" but the seller states that the owner will be responsible for the Certificate of Occupancy and all certifications. And "tenant is not to be disturbed" ...
Yengkong Sayaovong
Inherited tenants in rental home
I have a chance at a duplex and a 3 unit home. The people who owned the home are my god parents so they are just handing it down to me.Issue is that they have tenants in home already who sometimes pay on time and some...
Rey Alvarado
I would like to purchase my sister's property
I hope this is the right area to post this but I am interested in purchasing my sister's property (which is currently rented). Here is a little backstory.She lives in New Jersey but purchased the property here in P.A ...
Elesha Dixon
Investor friendly title company
Hey, I'm looking for investor friendly title companies in DFW, TX. Any recommendations?
Thanks in advance..
Account Closed
Starting REI business with friends - LLC or not?
My friends and I are in the process of purchasing our first real estate investment out of state and planning to finance the investment through a bank. Each of us are bringing varying degrees of capital and sweat equit...
AJ Satcher
Arbitrage Utilities - Who Is Typically Responsible?
Hello real estate arbitragers,
How do you typically handle utilities in arbitrage deals? Does the landlord take care of them, or do you as the tenant take care of them?
Thanks
Natalie Gelbke-Mattis
Asking Seller to JV
Looking for feedback on an approach to help grow my hospitality portfolio. Instead of discussing the possibility of owner finance with sellers - what if I offered the opportunity to JV where they are the equity par...
Sandra Helena Holtz Ivarsson
Prepping for firing my property management
I'm in the process of fixing our current property management and DIY, we are put of state so my plan is to create a spread sheet with all kinds of vendors to have easily at hand when something goes wrong, like a list...