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I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
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HI i am a new real-estate investor and have 4 units currently. I have been using zillow to list my properties and manage them. i am just looking to be more efficient with rent collection and help stay more organized. ...
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So not sure if this makes any differences for tax reason buti was thinking of using my 401k money as a loan towards the down payment for a multifamily rental. I don't plan on opening a LLC .. Could i take any of the ...
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I am considering going into a Lease to Own situation, but am structuring the plan to make it "just right". One issue I have is the potential seller takes my check before the 1st (sometimes dead on the 1st, but NEVER l...
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I have researched this topic and just need a little further verification from more experienced professionals than myself. I will be renting out my first property. When I receive the security deposit I understand that ...
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I tried to open my first business checking account today for my new LLC at a credit union. Filling out the forms, I came to the "owner" section. I wanted the owner of the account to be the LLC. My credit union assi...
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Hi everyone,
I recently consulted my attorney about forming an LLC to manage 2 rental units (duplex) that I own in my personal name. He said that it was a good idea as any business transaction should be done under a...
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Hi, many folks reinvest back into their business to leverage their money or other people's time. Can I invest money into a fund that returns dividends with business income... like in a fund that returns a dividend/in...
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Heard of Project Destined??? "The mission of Project Destined is to transform minority youth into owners and stakeholders in the communities in which they live, work and play. With the careful guidance of its leadersh...
I recently purchased an investment property with cash from my in-laws. The plan is to pay them back but I am worried they may not declare the interest income. I plan on having a frank conversation with them about it b...