My SDIRA is buying a foreclosure. Can I hire a corporation that my son works for to do remodel work on the property, my son would be involved in some of the work? Company owner says yes it is allowable, because it's ...
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I am looking tonopen a sober house in the Long Island area. I will be opening an LLC to limit liability, knowing full well the tax implications are identical for LLC vs. personal ownership in buy and hold situations.
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Hello, I have 6 rental properties under an LLC that is equally owned by me and my soon to be ex wife. We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If w...
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I am trying to figure out how to target owners with equity.
Local title companies (even investor friendly one) don't have any way to confirm equity or filter leads with equity. The issue of course lies in peo...
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I heard for anonymity purpose it’s advisable to set up a personal residence trust. Is it the same as land trusts ?
Also, if I don’t have the right person to name as trustee, is there any more economical option other ...
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Hi BP members, I have a building in San Francisco that is classified as a 2 unit building, in reality it is x3 apartments, the ground floor work was done prior to acquisition and not permitted. I do not want to turn i...
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I currently have 9 properties that are owned in a partnership with one other individual. We own the partnership 50/50. Of of the 9 properties, 6 are financed on a commercial loan together, and the remaining 3 are fina...
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In the current market with the prices of homes being so high does it still make sense to be investing in real estate or to be accumulating cash and waiting to see where the market goes? I’ve been reading articles stat...
Hello All, There are a number of posts about partnerships, but few discuss the nuances of tax implications, especially when one party is primarily interested in this investment for the tax incentives. Would appreciate...
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Hello,I am currently working on a lead that is in probate and still in the deceased owners name. The son who the property was left to has done nothing to claim the property so after speaking with him, he spoke to a la...