Hi, all.I hired a PM for my portfolio (10 SFH) and the portfolio inside a family trust (50+ SFH). I really enjoy the PM - he's responsive, has a good team of handymen and a couple full-time rehab teams on staff (neces...
Hello, I want to know do I need to create 1099 forms for every contractor I use when rehabbing a property or having repairs done on one of my Apartment complexes?I am referring to the following?The Large company who i...
I may be investing in 4 plexes in New Braunfels, Texas through Grocapitus.
This is new construction.Issue oneShould I demand that an appraisal be done before accepting the property and base the final price on this...
As a Canadian looking to invest in commercial in the US, I (not surprisingly) do a fair bit of reading on the topic. According to a number of books / articles, it is NOT uncommon to request several years tax returns a...
When filing an LLC to protect your Real Estate Estate business would it be best to file an LLC with an asset protection attorney to understand the full scope and details of what the LLC will protect? I know that servi...
Hello,This is the first year where I have to issue 1099s to contractors as we fixed up a couple of properties in Indianapolis. I have received the W-9 forms from both contractors that we used. As I'm filling out the 1...
Howdy Ya'll, We have 10 single family with 5 paid off and approx 550K in equity within all 10.
I'd like to pull out the equity to purchase more properties. What can you tell me about Blanket loans? Also, we...
So I have been thinking about the new tax law and its implications on our fix & flip predominated real estate investment business. Much of the existing information from the pundits will tell you an LLC (taxed eith...
Pardon the lack of knowledge on this but I have a question concerning lien holder positioning.If a person places a creditor lien claim on a property, then later there is a transfer of ownership (quit claim) as by from...
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...