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Hello everyone. I'm working with a friend who has many years as a Real Estate investor. We are considering starting our own property management company in California. Neither of us is a licensed broker however (requir...
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I live in Virginia. I have 5 homes that I manage myself. I'll be getting my real estate license in a few months. My question is. Do I legally have to run my personal rental agreements through my brokerage and pay them...
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Hello, my name is Charles. I'm a new investor in the Cleveland, Ohio area. As it stands I have only been doing marketing, trying to locate buyers, sellers, and power team members. The marketing has gone well however I...
Hello Everyone!I am new to real estate investing, considering the fact that I have never actually completed a deal or actually got my, "feet wet." I know much information about rentals and setting up and LLC in regard...
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I had a question about being a "Qualified Real Estate Professional". I'd like to use Cost Segregation Studies on my commercial properties to offset income from my businesses. For 2021, I started to accurately log all ...
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Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...
Looking for some guidance on a tough one I'm in.I've been a Virginia real estate agent since 2017. I've had a great rapport with my broker - he's been a solid guy and a good teacher. The brokerage has two entities: o...
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This morning, just before 8 am, our One Millionth Member created their account!!!I am so honored to be part of this amazing community that @Joshua Dorkin had the foresight to create almost 14 years ago.Congratulations...
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I own investment properties in Ohio. Each property is under its own LLC and bank account.
My question is, does it make sense to setup another LLC as a holdings company (parent company) which will then own the othe...
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I am curious about what the concensus is when discussing depreciation on a larger 100+ unit multifamily complex with LP investors? If you have a property that is producing $500K in positive cash flow (income after deb...