Arjun K.
What is best structure for buying and managing property for parents?
I would like to buy 1-3 rental properties for my parents, with their funds. As their money will ultimately come to me, this is sort of like managing my own money.
However, my parents are fairly disorganized. While...
Charles Lee
Seeking advice from experienced investors on ways to finance a property.
Hello folks,I am 27 living in Canada and make roughly 53k after taxes.I have been living in my condo (Purchased for ~159k) for just over a year that I put 20% down payment (~31800) on and I am looking to purchase anot...
Kate Pasinelli
Family Investment-Will/Siblings/Buyout/Partnership Inheritance
Looking for some perspective on a family dynamic investment situation. Last year my parents/ husband and I partnered on a 12 unit apartment complex. I asked my parents to be active partners and he took out a Home Line...
Brandon Bell
Help with Family Loan to Purchase Real Estate
We found a house we want to purchase. My parents want to help us pay for it and we pay them back on interest. What is the simplest way to do this? Any resources who can help us structure this (other than https://www.n...
Johnny Situ
Tax benefit for primary residence in SC
Hi BP folks,
I am planning to transfer part of the ownership of a rental property in SC under my parent's name, so that they could live there and be able to claim it as their primary residence. My question is, if th...
Kyle Scofield
College Student w/ LLC filing for taxes
Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle
Jason Bruning
Student housing questions.
Hey Ladies and Gents,
I just got my first accepted offer and have made it through the inspection phase. My appraisal is tomorrow and do not expect to have any issues there.
The property is going to be a student ren...
Jessie Randolph
Attorney told me that series LLC's arent legal
So I met with an attorney so I could set up my llc right. I told him I wanted a series llc and he said it wasnt legal in ohio yet but was in the works. Wondering how others here in ohio have structure their LLC's in ...
Anthony Ezimoha
Can an LLC be a Holding Company for Subsidiary corporations?
Hello allI am a Real Estate Agent and studying for my Mortgage Broker license. I plan to create multiple service business related to Real Estate as c- corporations I would like to form a Holding Company as the parent ...
Alice Chen
Prop 19 in California
Seems like prop 19 has passed in California. What's the best strategy with this new law, that will reassess rental property taxes to fair market value, if passed to your heirs. Since the law does not take into effect...