Subject is pretty straightforward. I’m looking to set up a Series LLC. Most of my properties would be in OK, which also recognizes Series. But I have some questions about the legal/tax implications of having the maste...
I have a house that I rented to college students for the past 3-4 years... The general experience has been good, as these students usually find replacement roommate when they graduate, so I never had any vacancy for y...
What in my lease should I make sure to have that might not be in generic leases?
Hello - A tenant in a property within my IRA/LLC is going to purchase a garage door opener to replace a failed one. 50 bucks. Can I let that transpire, and reduce that cost from her rent? Seems fine but I want to c...
Let's say I own 5 rental properties in my personal name (on title), each with a mortgage. If I want to reduce my personal liability, I understand that I can quit claim each property into an LLC. My question is regar...
I am single bread earner in my family while my wife takes care of kids. Few years ago I started feeling there is a need to earn more to support our growing needs perhaps with a second job but that would take away my p...
I can't seem to find a decent property management, but I know I could build a great team for it. Thoughts and concerns about starting my own property management ?
The question is in regards to balancing property management costs. I've noted, that generally apartment complexes require a property management company that takes between 5-8% of gross rents, and also hires payroll s...
So I am just curious, after researching. Before I get into it, let me tell you what im looking to achieve in RE.
My goal in RE is to build a portfolio of residential and commercial properties AND eventually get into...
Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend. Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...