Hi BP,I am moving and try to keep my primary home and rent it out. Can I transfer my primary home into my LLC as an investment property?
Investment Info:
Single-family residence buy & hold investment in Prairie View.
Purchase price: $110,000
Cash invested: $155,000
The house was a reverse mortgage foreclosure purchased as a 4/2 wi...
I am new to REI. I started giving it some serious thought earlier this year so i have been studying; read the The Ultimate
Beginner’s Guide
to REI), watched videos on Youtube and started following/contributing to th...
I'm currently working on converting my first single family rental into a duplex in Washington State. I will be keeping this project in my portfolio for years to come. I'm trying to figure out best practices from more ...
Hello fellow BPers!I currently live in Pennsauken, NJ and have been looking for multi-family homes to purchase as my first investment property. I am new to RE investing and would really love if you could give me some ...
Hello - this is my first post!
I’ve been living (and renting) in San Francisco for the past 25 years. I’m currently in a 4-unit multi-family building, and I was recently notified by the property manager that the land...
We are about to do a cash-out refi on a property that we purchased with cash in the name of a single-member LLC which I own. I purchased the property over 6 months ago, and it's been in the LLC the whole time. Now th...
I'm hoping to start my real estate journey in Salt Lake City with a house-hack. My goal is to find a first property that will allow me to live for free and save up for the next one. I've begun running the numbers on s...
I'm about to pull the trigger on my first flip but wanted some advice from the BP community to see if I'm missing something...Home is in a great area, with comps ranging from $90k-135K.The home was purchased by an "in...
Just thought I'd run this by everyone:
Husband has a day-job and wife manages the rental properties but does not draw a W2.
In setting up the LLCs, are there any pros/cons to setting things up in one name or the ot...