Joshua Pavon
Rental Property switch from personal to an LLC
Hi, My name is Joshua Pavon. I have 2 questions. Question #1: I currently own a rental property that is under my personal name but would like to switch it under an LLC without losing the 2.8% rate that I currently hav...
John Burns
Personal use of property prior to 1031 exchange
Suppose I own a single-family rental property and the long-term (8 year) tenant vacates. I want to move into the property to complete extensive repairs/maintenance in anticipation of a sale. The intent would be to d...
Dan N.
Personal tax benefits if property is under LLC?
HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
Pedro Morais
Buying Investment Property under LLC with Personal HELOC
Hi BP,I have recently bought a 6-unit residential investment property with a personal HELOC. This property is under an LLC. Is there a way of getting a tax deduction on the interest I am paying on the HELOC?Thanks,Pedro
Justin Shupe
Cash out refi personal house or llc properties?
Personal house - estimated value of 500KLLC properties - 13 at 650KThanks for your help
Jason Junkins
1031 Property Equity for Personal Line of Credit
Good afternoon. Does anyone know if you have a 1031 property where it is fully paid off, may you use the equity to get a line of credit for non-commercial purchases? If so, is there a waiting period that you must ow...
Matt Gooding
Form LLC or have properties on personal name?
I am buying my first rental properties very soon (4 rentals) and I am wondering on the communities opinions on whether or not I should form a LLC and hold the properties in that or if I should just hold them in my per...
John K.
owning property personally but managing it as LLC
I searched and so much came up about LLCs vs Personal I couldn't find anything with my exact question. I all ready own a bunch of rental properties as an LLC with one partner (family, been at it since we were young)....
Matt Herring
Protocol for removing personal items from flip property
I’m located in Florida. I’m under contract to buy a property I will be flipping. There are many personal belongings left behind. Inside the home and outside the home. My question is since it’s an “as is” purchase, do ...
Eduardo Sagues
Cost segregation study when property under personal name
Hi, I'm buying a rental in GA with a partner. Both names on the title. We will remodel it and hold. The property is under our name, not under an LLC. Can I do a cost segregation study?thanks