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First off this is for a vacation rental beach condo where %30 of the units are in a "rental Pool" and the rest are privately owned or rented out themselves.Conflict of Interest? The HOA president is the owner of the ...
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I have a property under an LLC with four partners. There is no mortgage on the property. The house was purchased in cash. We did renovations and added value to the house. Now circumstances have changed and we would li...
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I have a questions hopefully someone can help me here, I am transforming LLC from partnership to single member, on state level is fine, but I’m intrested on what to do on federal level? Do I need to dissolve entity an...
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Hello BP,I am have been made aware of a potentially life changing deal and I need some specific tax info. A gentleman was introduced to me through a family member that has a large portfolio of apartment buildings has ...
I see people form partnerships all the time; some temporary, some permanent. The trouble I see with so many partnerships is that partners are not always bringing something different to the table. In Real Estate we can...
I am currently a w2 doctor with a house in town A. I am planning on moving to town B (90 miles away) and becoming a 1099 doctor (town B is now my primary residence). I will still likely be doing an outreach clinic i...
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Good morning! I was reading through several posts and thought it best to find expert advice in regards to LLC structure and taking on investors for flipping projects. I am just starting out in Jacksonville, FL and hop...
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Hello,
I need advise on locating owners of a property. I have what may be my first property however I am having a difficult time trying to figure out how to locate the current owner(s) of the property. I sa...
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My neighbor/friend and I are going to take the plunge and go in to business together. We are going to start simple and go 50/50 with an LLC. We are looking to but rental properties for cash flow with the goal of buy...
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My cousin and I are inheriting land purchased in an llc. The members of the llc are my father and aunt. There are three lots and they want to divide it up and dissolve the llc.My father owns a greater equity of the lo...