Kenny L.
Seller Doesn't Have Schedule E?
I have a 4plex in contract now and we are trying to verify all the income and expenses. The buildings held in an LLC and we've been asking for the schedule e but the sellers told us "We don't file a separate tax for t...
Rob Peluso
LLC Protection vs Real estate Land trust
I own 3 rental properties in different states and am looking to protect my personal assets. I thought that LLC would be my best option, but I've also been told that if the LLC is in you own name with you as the mana...
Mindy Jensen
Cost Segregation in MHP held in SD Solo 401k?
Is it worth doing a cost segregation study on a Mobile Home Park held in your Self Directed Solo 401(k)?@Linda Weygant @Yonah Weiss @Dmitriy Fomichenko
Joshua Dorkin
Why Investors Should Consider Forming an LLC
I just read a very good blog article of relevance to the discussion about LLCs. Take a few minutes and check out:
Why You Should Consider Forming an LLC for Real Estate Investing
Thanks to Will for the article.
An...
Allan W.
500k Judgement against Owner----Barking Dog !
Hi Friends,I Was doing some research for a Client of Mine Regarding one of his tenants and specifically his liability as owner of that house. His Tenant is a Section 8 Renter and the Tenants have a Barking Pit-bull in...
Jeremy Marek
Did you have to co-sign for your LLC?
On your first deal that you need traditional leverage, did you all have to personally guarantee the loan? It seems like most every bank I talk to wants me to personally guarantee the loan, since the LLC is new with no...
Kayla Bassett
Rental bank accounts?
Hey folks,I am full speed ahead to close on my first duplex in mid-January. Will be utilizing this as a house hack. I need to get my banking situated for property expenses and am looking for suggestions on the best wa...
Clint G.
Do you paint your kitchen cabinets in a rental?
If you have the option to paint or stain your kitchen cabinets in a rental, what do you do?Staining seems like less maintenance, while paint will be tougher to clean and could chip/scratch over time. Seems like staini...
Daniel Dietz
Taxation of portfolio upon spouse's death?
Hello,We are in talks to buy a portfolio of rentals from an individual who's spouse recently passed away. They are considering doing owner financing and we have been talking about possible benefits or drawback for eac...
Susan O.
1031 exchange costs and interest payments from QI?
Hey I heard that some 1031 exchange QI's will actually give interest payment on the amount they hold? Is that true?For example--$100,000 in a 1031 held for 3 months would cost the investor $500. If the QI would pay ...