I'm relocating to a new state next month and recently converted my house hack to a whole home midterm rental. My property is a 3 bedroom, 2 bathroom condo in Reston, Virginia. I often get asked home to convert a prima...
Permanent home and a vacation rental in my name. SFH rental in wife's name.
Do we need an LLC and/or separate LLCs and why?
As you know, we live in a society where you get sued for looking at somebody the wrong way. As I am shopping for insurance, I can't help but ask myself, "what is adequate coverage for my owner occupied, 3 family home?...
So a friend mine was approached to sell his auto body business along with the property and building. He has owned it for about 32 years and the offer is very attractive so he has been considering it as he had previous...
This is probably one of those things I should just go ahead and ask my CPA, but I thought I would see what the experts here thought first.
I was wondering if a cash out refi or massive home equity line could be used ...
Hello, I am new to real estate investing and close to closing my first deal on a multifamily property in the NJ, East Orange area. I am very curious as to the must have or 'should do' rehab to either increase value i...
I am looking for a real estate attorney in Milwaukee that has experience and can draft a subject-to sales contract. I have called some firms but so far no luck. Does anyone know of one that may be of help?
Not sure what topic area to put this under but I am the buyer in the scenario that follows.
The deal:
Triplex with solid rental numbers (currently 2 units occupied)
Verbal offer accepted by the se...
My wife and I self manage our California rental property but spend no where near 750 hours per year doing so. We are W2 earners with over $200k combined income. Since we don't meet the tax law criteria for "Real Esta...
How is it that a multiple member LLC is identified as having more than one member in any court proceeding?
My question stems from the protection aspect of multiple member LLCs potentially shielding the corporate vail...