Matt N.
LLC Templates Where One Person Supplies Capital; Other, the work
Just curious if anyone has come across an operating agreement that speaks to the situation where one person is supplying the capital and one person is providing the services, finding property, placing tenants, etc. Wh...
Bienes Raices
Child support as a form of income?
I just met with a woman at the rental. Her source of income was SSI + child support. As it turns out, they did not meet my minimum income requirement (3X monthly rent), so they didn't apply.
I've dealt with SSI befo...
Bryan Christopher
Allowing sibling to inhabit house after parents passed away/legal issues...
Hi all...Sadly, a friend has seen both of her parents pass away in the past year and change. They were older and it was not unexpected. They left a will with my friend as the executor of the estate. There are three c...
Craig Tomlinson
CPA QUESTION IN REGARDS TO SELLING A HOME PART OF AN ESTATE
Hello all, I had a quick question and was curious to see what you all think. My grandmother recently passed away and left her home to be split between both her husband and her son 50/50. The son wants his money out of...
Anthony Sifuentes
Why would a seller want to do seller financing?
I know that seller financing is the perfect option for some sellers, but what are some reasons that the seller would be interested in it?
Andres Mata
01/2024 - Thoughts on Syndications / Investment Clubs
Hello all!
I have been researching a lot about syndications / investment clubs lately and was getting ready to start investing away, but I have found a couple of posts that mentioned that it might not be the best tim...
Richard Howell
Roth Solo 401k : 1099-INT
If I invest funds from my Roth Solo 401k into a bank savings account that allows me to open the account in the trust's name with the trust EIN, and the bank issues me a 1099-INT at year end, will this 1099 create an i...
Roger Laughary
S Corp Instead of LLC for Rentals?
I searched for detailed information regarding this before posting, but was hoping for some more distinct answers. I have 8 units right now in Kansas under one LLC and have a W-2 job. I also have several friends (some ...
Wilson Lee
Trasfering Ownership from a C-corp to to an LLC
The USA is a litigation happy country. I do my best to limit my exposure to this wild west style lawsuit culture we have.I am starting to flip properties but, for the last few years I have purchased rentals to hold. ...
Mark Pedroza
Probate Investors
On my way to the Placer county courthouse to pull new and research existing probate case files.After that at 1:30pm PST, sitting in on probate/trust proceedings.What's interesting is that 2 different decedents a) one ...