Buying a very nice brick building with a 3 bed apartment upstairs and storefront on the 1st floor. 900sq each. I think a traditional lease would be best, but what about single, double, or triple net lease? How wo...
Since I was on a soapbox on a different thread here, I want to give my opinion on Arbitrage. Recently, Eric Moeller who is running an Airbnb success type business, has abandoned the Arbitrage model in favor of a c...
Hey everyone!I'm currently looking into the pros of an LLC because I'm going into Real Estate with two other people financially. I know that falls into an attorneys hands as well with legal binding documentation. Does...
So I am currently set up as a sole member LLC (officially as of today) but have not yet filed the 8832 or 2553. My question is, does anyone have their LLC set up so that the only member is actually their living trust?...
My wife and I are just starting out with REI. We've set up company emails and a website. Now we are trying to get the tax and EIN stuff straight. What's is the best path to ensure we don't start out on a bad note by p...
Four Things to Know about Taxes and Starting a BusinessNew business owners have tax-related things to do before launching their companies. Here are some items to consider before scheduling a ribbon-cutting event.1. C...
I was told by my funds managing company that the company I work for won't let me do a self directed ira, is that true or did I get bad info?
Has anyone rented to a warehouse associate at Amazon? Their offer letter says the job is temporary and at will. I've heard various negative feedback about working in an Amazon Warehouse at $16/hr. The offer letter is ...
I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...
I have a rental in a desirable neighborhood. I listed it and got lots of interest right away. In those situations, how common (or uncommon) is it to do a sealed-bid auction for the tenants, assuming all of them fit my...