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Over the past 4 years I have accumulated 7 rental units and have been mostly self managing them. There have been a few headaches recently, and I am considering outsourcing the management to a property management comp...
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Hello there, I am new to buy and hold investing and closing my first property very soon. The house is on my name (not on LLC). My concern is that I don’t want a tenant to know my full name and my details that I actual...
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Hello All,All of the properties that I currently own are inside of LLCs with 2 other partners. Some singles, some duplexs and a 4 plex. I would like to buy something on my own also for various reasons. Right now, we f...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $990,000
Cash invested: $260,000
4 acre property horse property that will be used to board up to 4 horses along wit...
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The thought occurred to me the other day to potentially start a fund, at my regular job, to invest in a property. None of us are going to retire on our 401s. The plan would be for each of us, maybe 20 members, to c...
Hello, my name is Luke G. and I am excited as heck for the future. I am getting so pumped up for what is yet to come in the financial. I am a Lieutenant Firefighter of 18 years, though amazing, it has taken a toll of ...
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In about a year I plan on starting to flip houses with a partner. Recently, I've started to do some research on different entities (S-Corps, LLCs, etc) in order to potentially minimize taxation on our profits.Based o...
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Sorry for my constant onslaught of questions on here!Here's my situation:-I'm currently spending $1700 in rent on a stupid luxury I can't afford (living alone in Hollywood)-All along I've been asking questions about b...
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I'm a newbie to STRs (I have LTRs) and looking to start in Branson (3 hours from home). I am debating self-managing vs using a PM, and am struggling to determine the tax impact of that decision.I know Sch E is where ...
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So, I was thinking of moving my W-2 401k to a self directed 401k. I understand that all profits have to be returned to the 401k, and there is a rule that a payment can not directly benefit you. This is my question...
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