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Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?
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The city of Greenville, SC has a population of about 58k and the county has a population of 450k. I own a business that sells B2B and there is barely enough business in my area code to grow at a decent pace.
I want ...
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Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
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obama received an award as man of the year from the newspapers guild over the weekend. No press was evidently allowed to attend(so much for transparency). Now today, a bill was introduced to allow the failing entities...
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My wife and I have 16-18 deals under our belt and we are considering ways to exponentially grow our portfolio into multi-family. I understand the tax, legal and business constructs, but I am unclear on how to find the...
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Hi,
I’m looking for some advice on potential strategies with an existing long-term rental property that I have in Austin, TX. I purchased this property 5 years ago as my primary residence and have since turned it i...
Hey guys, been setting up my LLC this week. Want to open a business account in the LLC's name. My understanding is I need to get a tax number. Do I get this from the IRS or from the state of North Carolina? Anythi...
There has been a lot of activity in the forums about newbies syndicating real estate. I feel like someone needs to be a voice of reason here. Look, I get it. The allure of doing big deals and taking big fees for buyin...
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