I was wondering if selling your primary house to your LLC and renting it back would be a good or bad idea? Thinking about depreciation, maintenance cost, taxes ETC. I know it may depend on state specific guidelines ...
On May 25, 2012, the Consumer Financial Protection Bureau (Bureau) issued a Proposed Rule (Rule) which, if adopted, would govern the process by which a "nonbank covered person" may become subject to the supervi...
Quick question: lawyer reviewing NPN purchase requested "collateral file" -- note has been reassigned several times since original origination (is that a term?) -- would I include the original note and each subsequent...
Hi, my wife and i are taking the plunge and going into our 2nd rental property ( our first was house hacking and becoming unintentional landlords). We purchased a duplex and need some repairs initially, which we are i...
I thought I would throw this out there as I didn't see it addressed in any of the archives. The Grantor of a property is asking me what, if any tax consequence, would occur if she transfers the deed to me via a quitc...
The title says it all. I'm looking for a highly recommended book on the use of LLC's specific to real estate. I saw this one on Amazon with 4.5 stars but figured I'd ask here because I trust the BP consensus mo...
He is prolific in his opinions of RE gurus on his website, but what about him? Anyone recommend his books? Which ones?
"Many people say they are happy if a book just gives them one good idea. For God’s sake, rais...
The house next door is owned by elderly couple (in a living trust) who live a couple hours away and bought the very nice house several years ago for their brain-fried and/or druggie divorced adult son to have a place ...
Hi all, I have been trying to find the requirements for the physical storage of gold and silver in a solo401k. Sense Financial says that the IRS requires precious metals owned by a solo 401k to be held by a financial ...
Hi All,
Happy Friday in the U.S.I have a question I am hoping some people could provide insight into.
I have a few rental properties, have bought/sold, and managed properties for a few years now. I just recently st...