Looking to jump into my first deal and could use some guidance. My girlfriend and I have a joint mortgage on a single family home where we currently reside. I'm looking to buy a four-plex as my new primary residence t...
I own a condo in Washington State with my wife that we are going to rent out, but I'm trying to figure out if a single condo unit counts as a single-family residence or not. The reason I want to know is that if it is...
Newer investor in rentals. Wondering at what point should I start a LLC and have my properties transferred to the LLC? Hopefully in the coming weeks. I’ll have my primary residence and then a renta property.
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
Wondering what everyone's experience is starting an LLC or sCorp to purchase your investment properties under? I live in CA, and I am looking to purchase a STR in Big Bear, CA and a LTR outside of CA.
Would it be be...
I bought my first home this fall. A two family. I then created an LLC. I bought the home under my name. The LLC is for real estate. I’m new to this at thought LLC is good for tax purposes.I’ve done a lot of home impr...
Hi everyone.
I'm looking to start investing into buy and hold real estate by next year June ( once I raise enough capital). My question is, how long before should i start opening up an LLC before I buy my first prop...
Hello BP. I have a question for all the lender's and investors who have had experience with this situation. Our LLC has purchased a property with the intent to fix and flip. I am currently renting and am considering ...
I just purchased my first duplex in Bryan, TX. To get a more favorable loan I purchased the property in my personal name. The loan is 30yr conventional. I would like to transfer the title to my LLC for liability prote...
Probably a stupid question but do I need to consider someone's state-fund food assistance as part of their income? They put in on the application as another source of income. In Multnomah County, OR