Account Closed
LLC&Ownership ( managing members, members, directors, officers)
Hi, I was wondering how an LLC is affected when a manager or managing member is sued & loses. 2 cases, when the manager is a different LLC or when the manager is an individual. What if the manager that is sue...
Grant T.
Business Structure for out of state rental properties
Hey everyone, i am looking for some advice on the best way to own rental properties out of state and be protected. I have one LLC in Montana where we built our first project but now i am investing in Ohio and plan to ...
Shane Bishop
HUD Listings: PROS VS. CONS
Hello,My wife and I found a home we like on www.hudhomestore.gov that seems like a good deal at face value for a potential flip or long term rental, but we have never purchased a home from them and wanted to find out ...
Sami Gren
Potential tenant doesn't have social.
Hi all.
I have a potential tenant, he sounds super nice, good income, him and his wife, etc.
one issue.. his wife is from another country, she does have ID from her home country, and she has a passport, but doesn't...
C Meddy
Rent 2 Rent
My first post. I'm currently living in England (UK) and will be moving to Southern California next Summer. We have rent to rent here where you can take over and manage somebody else's property (usually a house) and us...
Sarkis Vartanian
two people on title but one applying for mortgage
Hi, My brother and I are purchasing a rental investment property. Can both of us be on title as owners but only 1 of us apply for the mortgage? Either one of us can individually qualify for the mortgage, but we don'...
William Donaldson
Acquiring All Units in a Condominium Complex
I'm evaluating the opportunity to submit an offer for all ~100 individually owned condominiums within a complex built in the ~1960s. Most of the units are owner occupied, with a few investors like myself owning 1-3 u...
Danish New
Fix and flip question
Hello everyone,
I have a quick question:
What if you are a full time employee (W-2) and have done a couple of flips under an LLC and incur a losses in the current year. Could you deduct those losses against your W-...
Nahid Alipour
Looking for a HOA lawyer..
Does anyone know a badass HOA lawyer that works in Dallas County, TX that can refer me to them???
Account Closed
Chicago AirBnB Registration App-Partial vs Entire Dwelling?
Any Chi-town STR experts here who can help advise on the city's latest registration approval process? You seem to have a choice between applying an an "Entire Dwelling" or a "Partial Dwelling." If the latter, it seem...