Jake Pengelly
Real Estate Partners
Hello all! I am going to lay this question out there as simple as I possibly can. Has anyone partnered with someone solely on the bases of cash injection for business operation and marketing? - If so what does that pa...
Kurt Granroth
Is K-1 income from sale on line 11i passive?
Let's say I'm an LP on an real estate syndication LLC that sold its sole property last year, although the LLC itself has not yet dissolved (e.g., this does not warrant a "Final K-1"). I am not a Real Estate Profession...
Matthew Terry
Title company paid contractor $12K up front. Contractor left town
Hello BP Mates,I'm hoping for some insight\advice on my situation:I closed on an SFH in April and there was about $12K in repairs that were negotiated. This money went into escrow, but for some reason, the title compa...
Tina G
llc/personal info privacy/protection
hi all,
i am hoping for some guidance. i know ultimately i need to speak to a knowledgeable asset protection attorney, which i am in the process of finding, but until i sort that meeting out i wanted some opinions on...
Jennifer Bailey
Anyone use Corporate Direct (Garrett Sutton) for setting up LLC?
Hi BP! I am creating a start-up LLC and wanting to set up a holdings company in WY and then a separate LLC for rental properties in AZ. I have read several of Garrett's books and wanted to get a quote on what I needed...
Nick Causa
Intro to Real Estate Partnership
A friend of mine and I would like to go into business together by buying student rentals. What is the first step in doing so? Is it getting a legal team to draft up an agreement? Starting an LLC? We know the risks...
Alan Kuczinski
WANTED: Creative Financing Advice for Beginner Investor!
Dear Bigger Pockets Community,I'm new to the World of creative financing, but I'm excited to get started. In theory, I would incorporate and find investors to fund the purchase of a single family home, in Massachusett...
Carlos Rodriguez
Selling share of property under an LLC to another investor
I have a mortgaged, single family property in Austin, TX under an LLC that is owned and managed 50/50 by myself an another partner. My partner wants to exit the property/LLC and I have a new partner lined up to take t...
Johan Specht
Transfer property title from LLC to personal name, Taxes?
Hi, I opened an LLC and bought 1 house under its name 3 years ago, the house came with the tenant included. I don't need the LLC any more and would like to close it and transfer the house title to my personal name (th...
Mike Aschettino
Transferred properties with personal note to LLC, need insurance.
Hi, Have a meeting with my lawyer shortly but hoping to get some advice on the forum in the short-term. My wife and I transferred our properties to an LLC we started back in January. We are 50/50 owners of the LLC, th...