I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. If I purchase this and quit claim deed it to my LLC, who pays the mortgage? Me or my LLC? Does t...
Hey Everyone! I'm in the process of closing on my first investment property in California and I'm going to put it under an LLC. Does anyone recommend opening the LLC in another state with potential tax benefits, or do...
Hello. An off market deal has been offered to me. It is a 2 car garage conversion to an ADU without permit. It has been rented for the last 8 year. How can I get a permit? Consequences not getting a permit and keep re...
Why would I pay someone (CPA or online tool) to form an LLC when I can do it by myself using the IRS website?
I have a partner and we are trying to figure out is it best LLC right from the go or wait till we get more properties?
Hey guys!Who can I ask about setting up a proper LLC? My partner and I have been looking In to making an LLC and would like some professional advice. -Daniel De La Rosa
I just learned that if you start up a company in Puerto Rico and flip a house in California and hypothetically profit 100k on the flip, that since you're incorporated in PR that the USA can't tax that profit. And PR ...
The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html
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Be careful what you say to prospective tenants. Saying the wrong thing can get you in a lot of trouble.
Agent accused of Fair Housing Act violation:
http://www.lasvegassun.com/news/2010/mar/12/real-estate-brokerage...
Hi All!My partner (not yet married) and I own a couple of rental properties (Idaho) and a primary residence (Seattle). We think it's the right time to establish formal agreements about these co-owned properties, but w...