Hello All,
I paid a real estate attorney to set up a Texas Series LLC for my real estate rental business. I am treating the main LLC as the parent/holding company and have placed one property that is paid for in one...
Howdy!My husband and I just bought our first investment property! We received our first applications for the rental, two friends in their mid-twenties. They are both living at home with their parents currently. Do...
Looking for advice… my husband & I having been living in his parent’s investment property in California since they purchased the home in 2013 for Ryan. Ryan & I have paid “rent” every month to his parents. His...
Hello! Im seeking advice for my parents rental property. The property was purchased on July 21, 1988 in Santa Clara county. Parent A and parent B are married and paid the mortgage in full. Aunt A, sister of parent A, ...
Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
We are in the process of renting out one of our properties to four college students. They are all on the same sports team and have no "proof of income." We have met them and they have a good reference from their previ...
Here’s a situation that one of my relatives is in.If anyone has advice or experience I’d appreciate it. I have a family member that is in a bad spot. They have personal loans, heloc, and mortgage they cannot pay based...
I had a tax question relating to a HELOC. I was recently given money via my parents from their HELOC to purchase an investment property (5 unit). They have no controlling interest in the property, and I purchased it ...
Hey Guys -I bought a house 9 months ago. Paid 183k just sold for 255k. Closes next month. I don't see any homes on the market I like. I also think it may be a bad time to buy. Can't really tell. Should I move back in ...