Specifically, I’m trying to figure out how to create a legitimate business that shows income for the purpose of gaining future lending. We currently have 3 properties; 1 is long term rental, 1 is a fully furnished sho...
Hi this is my first post.
last year I created an LLC and move two properties into it, my wife and I own the LLC and we both owned the houses as well.
houses have been rentals since 2019, and LLC was created on 2023....
This may not be a "creative RE Financing" topic - so please forgive me!I'm just starting out to build my portfolio -- (I have a SFH that is LT rental and have done that kind of thing for years...but moving on into mo...
The new bank rules require someone to be named as the beneficial owner of the account.
Under the Beneficial Ownership Rule,1 a bank must establish and maintain written procedures that are reasonably designed to iden...
I always feel a bit awkward when asking a question because it makes me feel lazy for some reason lol. When you do an assignment wholesale deal how are you taxed? I do not currently have an LLC. I don't if I could h...
Throughout history, work industries and employment are defined by technology innovations and shifts. Some examples are the Financial-agricultural revolution (1600–1740), the Industrial Revolution (1780-1840) and the D...
I have a ten year tenant at small rental house. ONE Year lease to start but M2M now. Person has been exceptional at making sure rent is paid exactly 1st of month (perhaps obsessed with it) Have had very few problems u...
I've been playing with Google Plus + for about a week now, and I have to say that in my opinion, it takes the best of Twitter, Facebook, and LinkedIn, and brings it together in one well-thought out, brilliantly execut...
Specific technical issue that triggered this post. When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18. But what exactly happens in the year the child ...
My husband and i are trying to leave our careers in the next two years to "retire" early. What that means for us is passive income from 3 SFHs that are fully rented out, in addition to a small pension. We are wanting ...