Richard Jenkins
Utilizing Primary Homes Equity: Maximum Ratio?
My primary residence is paid for and would like to use part of the equity to start investing in long-term SFH rentals. Would utilizing up to a maximum of 50% of the available equity be too much to take out for invest...
John Thedford
Sewer/Septic Line Issues: Snake Them or Jet Them?
We have had some issues with a lot of grease in the septic lines. Some of it is fresh (yellowish color) and some older grease (white in color). We have had the tank pumped 3 times in 4 months and I suspect there is mo...
Michael Plaks
Monday Sept 16: the IRS deadline for Partnerships and S-corps!
September 16 deadline (delayed one day since Sept 15 this year is Sunday) applies only to
Partnerships (including some multi-member LLCs) that filed a 6-month extension request on Form 7004 on March 15S-Corporations ...
Neil Sinha
Solo 401K structuring. Is this workable?
Hello. I'm a new investor contemplating structure and strategy. Based on what I've studied so far, I believe I've learnt the following (somebody correct me if I'm wrong on any points):1. Assets procured in a Roth r...
Adam Craig
Do I have enough protection?
Do I have enough coverage for my 12 rental properties
All properties are under a LLCMy home insurance covers up to 1MIL per occurrenceThey are managed by a professional management companyNot exactly sure if I am sti...
Mike Hicks
Would it be smart (or possible) to purchase your own home under your company?
I'm still in the process of doing research, if this has been discussed or is a blog post somewhere please point me in the right direction.
I want to purchase property by august, either to live in or to invest with (d...
LEONID ORLOV
Tax strategy for multiple properties owner ..
I own 6 multi-family properties (3-4 units each) all are positive cash flow, I am wondering what is the better approach ?
1. To allocate income/expense to each property on Sch E (as I have done so far) or
2. To decla...
Thierry Goyer
Interest on LLC business savings funded by personal savings
HSBC is offering 2.5% on business savings account, they are offering only 1% on personal savings account.Can safely park my personal savings into my One Member LLC savings account - disregarded entity - which owns lin...
Patty Tran
Refinance Mortgage Broker Recommendations in the Bay Area
In addition to looking for investment opportunities outside of CA, my hubby and I are interested in refinancing as the rate is so low. We had refinanced so many times a few years ago, I got lazy to do it again, but no...
Edward P.
1031 exchange to change name
Hi BP,I had an exchange a few years ago under a clients personal name. They wanted to change to an LLC how is this process handled, who would I need to speak to? Can I write a quitclaim form?Thanks!