I'm just curious as to what the differences are and if you get a business license when you get your LLC. I ask because for TLO you need a business license.
Thanks
Hello All, I'm going into a partnership with 3 of my friends. We want to put together an agreement where all of our responsibilities, capital allocation, distribution of profit/losses ... etc are stated. I was wonderi...
So with refinancing my rental, I'm finding it easy to compare the simple stuff: rate, points, ltv. Next level stuff for me will be the closing cost. Some lenders have provided me a complete list (see image below). ...
First, let me take the opportunity to thank the BP community for the incredible (free) education I am receiving.
I have a question on the payouts from crowdfunding opportunities. How is that income taxed? It may ve...
Hello fellow investors!
Can anyone recommend house cleaning/handyman/shoveling services from a company or local individual in Southern Vermont (10 to 15 minutes from Mount Snow) area for AirBnb purposes?
Also, for ...
House hacking Condo: Can you sleep in the living room & rent out the other bedrooms? I am planning to house hack a 2 bedroom 2 bath (1000 sqft) condo in Houston, TX. I am wondering if I am able to sleep in the liv...
Just spoke to a hard money lender. Among the documents he needs to vet my eligibility, he needs to see that I have a LLC because they will not lend to me personally. Is this typical?
Request:List real estate loan types and a hypothetical example of each with a national interest rate of 6.5% and total repayment amount Include dscr and hard money loan, fixed-rate mortgage, arm, fha loan,va loan, int...
Hi all! 'm a young tech worker trying to break into the real estate industry. My sort of vision, or goal, would be to own multiple rental properties so I can inherit passive income from them. Ideally, I would like to ...
Will I need a LLC in order to utilized a Hard Money Lender?