Gideon Spekterman
Currency conversion for an out of country investor
Hey everyone,I'm trying to get things working for buying my first rental property, and one of my challenges is that I am an out of country investor, which means that the cash that I have for my first deal isn't physic...
Chris Martin
No HUD sales... for how long?
Since we can't bid on HUD properties for the time being (in NC, SC, IL, IN, VA, WV) does anyone know when HUD sales will be back in business? All HUD properties were withdrawn, because of a change in the asset manager...
Jeff V.
Buy and Hold Rentals and Performing Notes in same entity?
I have an existing Buy and Hold Rental business, but looking to expand into Private Lending and Performing Notes.The question I have is, is it typically ok from a tax perspective to hold Rentals and Notes in the same ...
Jake Goehring
Double Close - OC, CA
Do these still occur in CA? I know they happened in recent years, but I haven't heard much about them lately. Maybe it's me...who knows.I'm not talking about that old "simultaneous close" where it was actually only ...
Ryan Fisher
Protecting Assets
Hey guys,Trying to figure out if my two partners and I should form an LLC for the deal we are currently in escrow for which is a 4-unit cash flowing property. I would be fine without an LLC but both of my partners ha...
Christina Hsu
Tiebreaker needed: different opinions on spouse LLC
I have asked several different tax providers, and gotten different answers to my questions each time. I need a tiebreaker! Here's the situation: My husband and I created an LLC in Indiana purely for real estate invest...
Jaime Botello
LLC
hello,I currently have two rental properties and I would like to set up an LLC to which I can transfer both properties via a quit claim deed. I have heard that in some cases the bank asks for the loan balance to be du...
Chuck Bartowski
Using a Solo 401k to buy Rentals
Does anyone use this strategy for retirement purposes? I'm curious as to how difficult it is and how one qualifies for it. My wife stays at home with the kids and we run a small side business inside of an LLC. We have...
Ed Kowalchuk
Bank loan:25% down using a new LLC with a personal guarantee?
I am returning as a real estate investor who sold my investment property held as individual 20 years ago. So this is like starting over for me again under different circumstances. Since I now have significant outside ...
Mark A. Roberts
Probate property / inherited
Hey BP family, I lost my mom and recently went through probate and received her house. Is there a way that I can keep the interest rate as is and sub-to it to my LLC? Interest rate currently (4.25%) owes 43k on the mo...