Hoping somebody with strong RE tax knowledge can help resolve this question!! This is the first year we have held a rental property in a multi member LLC (our other rental property is held personally). We self-manage ...
Hello All,
I am working on refinancing my own primary residence and owning my rentals in a multi-member LLC seems to be affecting my ability to "add back" the depreciation that this can normally be a done with when ...
I'm interested in learning how to best mitigate risk and purchase insurance to protect the following investment strategy:- Conventional loan in personal name- Upon closing, quick deeding title to from personal to a LL...
Good evening BP,As most of you may be aware, the year is quickly coming to an end. Under two months remaining by my last count!So here is what I am trying to figure out. Should I worry about establishing an LLC now, ...
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
I am trustee holder for (I own) four rental properties through my SDIRA (Self-Directed IRA). I heard from a tax adviser that a rental property in a SDIRA is a tax shelter within a tax shelter. I thought about it and ...
If all my leases are in an LLC but the title is in my name, am I protected incase of lawsuit from personal assets?
Can Tenant Sue Landlord even if property managed by Property Management in any situation, if yes except from LLC is there any other way to save Landlord?
Hey BP Community!
I thought I'd share my most recent HOA nightmare to shed insight on the things that can happen when buying in a condo building.
I currently own and rent out a 1 bedroom condo by downtown Denver. Th...
Edit: unfortunate title typo... should read HOW TO SPREAD RISK...I recently started a new LLC with my partner. We both have a similar net worth. In order to secure funding for our project in which we need about 3 mill...