I currently have only 1 investment property that is wrapping up renovation. I wanted to form the correct business structure/ entity to have ready when I refinance the property to put it under the name of the LLC at th...
My father and I are in the process of selling a house in Hawaii and using the proceeds to invest in one or more rental properties (likely in Michigan). The house is currently owned entirely by my father's trust, and ...
Hi all,Im trying to find out if I should obtain a Construction Loan as an individual or as an entity? What are the pros and cons of each? Which way is easier to get the loan? And less paper works?Thanks!
I have my own opinions as to whether or not wholesaling should be legal or not. However, it seems to me that one fairly simple way to avoid the whole issue of brokering a sale is to sell the entity in which the contra...
Hello,
My partner and I are thinking about starting a house-flipping as the next step to his consulting engineering business in building mechanics and electricity. He has ten years of experience as a consulting en...
I'm interested in establishing an entity for real estate investment as a Canadian investing in the USA. My primary goal is to avoid double taxation and ensure the best asset protection. After following several forums,...
My wife and I own two properties in the Saint Paul, MN market - a SFR and a duplex - that are fully rented. We want to transfer both properties into LLCs, but we want to do so properly, and in such a way that sets us ...
Hello All:My partner (Realtor) and I plan to get into a 50-50 % partnership by pooling our individual financial resources to invest as equal partners in a Residential Rental Duplex. Background about JV:Acquisition Pri...
I am sure I will find the answers to my questions on this awesome forum. Ok here is my situation. We manage a condominium association with 80 units. about half are owner occupied and the rest are either vacant or bein...
I am trying to get started on real estate investing out of the Chicago area. I have be under the impression that using your home address to start a business entity is not the greatest idea. I've read in multiple artic...