Mel K.
Land Trusts and Taxes
Hello BP!For those of you who hold property in a Land Trust, how exactly is income reported and subsequently taxed? If it is a rental property producing rental income, would the Trustee and Beneficiary receive K-1s? ...
Cameron Johnson
how to setup a Land Trust?
Can someone guide me on how to set up a Land Trust? I need to know what documents to have and all the expenses needed to get one started.
Christine Callaghan
Finding insurance for a Trust or LLC
Hi everyone,I'm working toward setting up my Nashville and Florida properties in either a Trust or LLC's or maybe a blend of both. However, I'm finding it challenging with my current insurance companies to find adequa...
David France
setting up a company? llc?
Hi
I bought a property in my own name to quick flip, but im stuck with it after the local market dropped so i cant sell, so im going to rent it out my questions are:
What do i need to know as an overseas landlord?, ...
David Weintraub
Borrowing Through a Land Trust
I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....
Matthew Hayes
Using Land Trusts to wholesale REOs and Short Sales
Hey All,
I have a few question regarding using land trusts to wholesale REOs and shorts sales. I have used the Land Trust method (ie selling the beneficial rights of the land trust instead of the rights to th...
Matthew Heiser
Security Deposit Account State
Are there any issues with holding a security deposit in an account of a financial institution that is headquartered in another state? We use online deposit capture with a large bank that does not have a brick and mor...
Ryan Sweeney
Rocket Dollar feedback for SD IRAs and solo 401ks
Does anyone have experience (pros and cons) with Rocket Dollar?I have already established a SD IRA with a custodian.I am looking at establishing a SD solo 401k with checkbook control with a provider at lower costs.I a...
Yonasan Schwartz
Commingling LLC and Solok funds
Hi,I have an LLC out of which I do some consulting, and I set up a solo 401k using the income from that business, from which I would like to do some real estate investing.I recently bid successfully on some items in a...
Mailee Y.
Looking for a LLC Attorney in California
Hello,My husband and I purchased a 21 unit Motel last year. We are from a small town in Northern California and because of this, we wanted privacy and anonymity. After doing lots of research, it sounds like we knew wh...