Hi all,I'm a managing member of an LLC which holds a duplex on the Jersey Shore in Belmar, New Jersey. I'm looking for an insurance company that can provide dwelling insurance for a vacation rental property held by a...
Would anyone know the tax rules in regards to a "Step up in Basis" pertaining to a Land Trust. We have a person who passed away and created a Land Trust. In the Land Trust he made himself as one of the beneficiary an...
Hey BP Members,I wanted to see if anyone would share their experiences with moving properties in indv. name into existing LLC (used for old side work but still active, no debt etc) and what insurance companies need to...
Hello BiggerPockets Community,My college roommate and I recently decided to invest in rental properties as a source of supplemental income and hope to grow expand our portfolio over the next 20-30 years.We are looking...
Hey all,So my grandfather started investing in real estate over 30 years ago and has not sold a single property. I'm currently trying to analyze how well each of these properties performs year to year to see if any ar...
Hello Everyone,
I plan on using the BRRRR strategy; buying a house for cash and rehabbing, then refinancing. I’ve read a lot of people saying that lenders won’t lend to an LLC for conventional financing and that you ...
Most bank I have checked wont give you a HE loan on properties held in a LLC. I dont really want to move the properties out of the LLC... would you know lenders that would offer a HE loan on properties held in LLC?
Can you manage properties held by your self-directed IRA? Assuming you do none of the hands on work? Same question for managing the rehab.
What if your SD IRA owns part of the property but you provide property man...
Hi all,
Wondering if anyone has been through this yet.
With a property owned by your SDIRA who is responsible for getting the W9 and sending the 1099? You who is the beneficiary, or the SDIRA company who is the owne...
Hi and thank you in advance for your help.I have an LLC in state A. It is fully registered, has EIN, bank account, everything.I am planning to purchase a buy-to-let property in state B. I am told that I can't buy this...