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I wasn't exactly sure which section to post this in but anyways here we go. So basically like the title says I won an arbitration claim against the sellers. It's only for about $1000 bucks so its not huge money and ...
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Is it ironclad protection of other assets to put a rental property into an LLC? Are there instances where it can be insufficient and other assets are put at risk? Thanks
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Can a person use their LLC to run the day-to-day operation example, pay expenses, vendors, contractors, purchase supplies, receive revenue, etc., even if the properties are not owned by the LLC?Thanks
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Is it possible to purchase an investment property (duplex) in my personal name with funds from a HELOC that is on someone else's property (ie. parents / friends / investors)? Logistically, I assume I cash the check f...
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Hello,I just bought my first rental property here in Chicago. I originally was following the "BRRRR" model, but this condo unit is what you would call turn key. I got it for a great price in a neighborhood that is rap...
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I live in NY and already have a SD IRA llc but the bank I use kills me with fees. Was just wondering if anyone had any ideas of some good " buisness friendly" bank for all types of transactions. Some of investing will...
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My husband and I bought a commercial property in February that’s doing well, but now we’re about to buy our first SFR, and it’s a unique situation. We’re purchasing my husband‘s grandfather’s home from his mother. We’...
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I’m about to go under contract for my first rental property. I will also be living in the property. I am going to setup a separate business checking account. I’m confused to what all I should charge to this. Should I ...
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I currently have my business bank account with a large mainstream bank. My personal bank account is with a credit union I've been with for many years. I'd like to start greeting relationships with more local banks as ...
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Good Evening, I am looking for some opinions on when I should stop saving for the expense and vacancy related fees? What % or $ values do you look for? At some point, the funds saved should outweigh the risk involve...