Sam G.
LLC Partnership Structure
Could someone point me in the right direction, if there are any previous posts that address this?I have a project that I am working on, the formal partnership is not set-up yet. There will be 3 partners (each providin...
Taylor Robertson
Back out of deal? I don't know what to do
Background: (Kansas) My first deal was going to be a house hack on a duplex. We were set to close on 2/24. However, hours before we closed, the house caught on fire due to the fireplace being used by the tenants. Ther...
Troy Williams
S Corp or Partnership LLC
My partner/rock in roll sista @Colette Chase and I bought two properties this year and wondering how to best setup our company structure for best liability protection, tax benefits, etc. We just registered an LLC in ...
Jeremy Lee
LLC for rental property and property mgmt
Hey all,
I was curious to know when opening an LLC for a rental property, what the stipulations are. Do the names that are on the deed/title of the property have to match what's on the LLC?
For instance, if my pare...
Jake Burkons
Wholesaling Question for experienced wholesalers
Checking to see if some might be able to answer a question I have about Wholesaling regarding the legality of the situation in Ohio.
If I were to act is if I own the home buy going into a cash buyers website and sub...
Caleb Whitney
Explaining SS to NOD homeowner
I market to the NOD list for my area and get calls from people asking me what my offer is to buy there house. They seem to be thinking in traditional terms about selling there home. They don't really know or underst...
Isaac Lane
Partnership Vs Joint Venture Vs LLC
I currently have 4 doors and working on scaling my portfolio. I'm noticing that it's taking me longer than I would like to save up capital for my next down payment and decided that partnering on deals would help me sc...
Rob C.
Entity structure on out-of-state rentals and no CA franchise tax?
This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...
Joseph H.
Auction house overhaul
I recently bought a property from a tax lien auction for just under $4,000. From the pictures of the outside it looked ok but obviously needed some work. It was a small 2:1 with a shed for a garage. I had drove and lo...
DeAndre Mason
DSCR Lending strategies
Im curious as to how to go about obtaining PML for a DSCR loan option. How would you structure a deal so that the private money could cover the down payment and fund the rehab in order to minimize money out of your po...