N/A N/A
Sole or Multi LLC
Need help on what type of LLC to form. My wife and I jointly own rental properties and would now like to get some protection from LLC. In looking up information I see that you can either form a sole owner or multi-o...
Henry Clark
Self Storage: Deal 12, Selling a location
We have 8 locations in 5 towns/cities. Wife and I decided to sell our latest storage location we built at 1170 Railroad Avenue, Council Bluffs, Iowa.
We have either bought or built the 8 locations so this will be ...
Sean Stack
Business vehicle depreciation write off?
Guys, I’m new to owning a business and the tax rules that go with it. Formed an LLC in 2022. Haven’t done anything with it until last month. (I just bought a vacant lot that I’m getting ready to build a house on start...
Kay Doria
Walk me through my first investment
Purchasing my first home this year through an FHA loan. The Litte bit of money I did have I will be putting down on my down payment for my personal home.I’ve found two a terrific first investment opportunity. The firs...
Dianne Forwood
Emotional attachment to prior personal home
We just moved to take care of my elderly parents. We now have our old home for a rental. Currently my nephew is living in it, and it's not ready for "real" renters yet. But, I am finding I have such an emotional attac...
Tiffany Shan
Loan collateralized by shares of an LLC that owns property
Hi-Seeking to give out loans to property owners who hold the property in an LLC (multi-member, if that's relevant at all). For anyone's who's done this...-Does it make a difference if the loan is made out to the LLC v...
Adriese Williams
selling to my spouse
I own a property in my single member LLC. I want to sell it to my spouse, she's using bank financing. I'm paying off some debt with the proceeds. She's buying in her personal name. We live in North Carolina, any poten...
Joel Owens
Tennessee tax question
If you are an out of state investor buying a commercial property in Tennessee do you have to pay income tax or not??
Does it matter if you hold the LLC in a different state but purchase in Tennessee versus setting up...
Awais Sheikh
Crowdfunding vs Rental
How does crowdfunding with IRR of say e.g. 15-20% 5-7 years compare to a rental property ? Can you please comment
Taniya Lovejoy
Debt to income ratio
What if your debt to income ratio is too high and you cannot get a loan from a bank. If you get a loan from a private lender and then when you go to get a cash out refinance on a rental property can you run into issue...