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Hi guys, I’ve been a landlord for the past two years by trade I am a general contractor (I own my business) I currently have two rentals including my personal home which I paid CASH for. After doing some math I’ve co...
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I know the basics of what an LLC is used for, but I had some clients today asking what the major benefits I've seen so far with investors using an LLC. What can you say about having your investment properties under an...
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What is the best legal structure to use for a business that rehabs and flips residential properties?
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When you have too many financed properties in your name, how are buying more properties? I am in the business of buying and holding, but I don't want to use all my cash to buy something free and clear.
Are you getti...
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I have 4 short-term rental properties in Arizona, I live in California. Looking to put them in LLC for asset protection and have Wyoming holding company. The question is do I do have 1 AZ LLC Or separate them. Then ha...
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The short of it is that I'm in contract to purchase a 15 bedroom assisted living property in SE PDX with 7,500 sq ft including a finished basement on about .75 acres. It certainly needs some updates but as far as I ca...
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Hello, I had a question about being seen as a real estate professional for tax purposes. If I'm "House Hacking" my primary residence does that count as hours towards my 750 per year?
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ok so here is the dilemma. In my town there is a property up for sale. It's located right on the main street in our small town where there are other similar buildings. The downstairs is a business front and the sec...
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I have talked with a few Realtors and they are saying that it takes up to (2) hours in order to submit an offer once a client identifies a residential property they want to purchase.*****Example: You are at your desk...
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I'm a US citizen living in Germany, where I am buying rental property. The law here is that if the property is sold after >10 years' ownership, there is no tax on the capital gains. However, I would have to declare...