Kimberley Trant
TX LLC, Vacation Home, Need to Register in KY
I have a client who is purchasing a home in Kentucky, through a TX LLC. There will not be any business conducted, as the LLC is being set up simply for liability protection. Does the LLC need to register in KY?
Daniel Ochoa
Fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $89,000
Cash invested: $25,000
Sale price: $140,000
Another JV deal with a family member.
What made ...
Harry Vinnakota
void lease since tenant did not pay deposit
We are in a situation where tenant asked to send the lease in docusign and signed the lease and completed. But we did not receive the deposit in 24hours. How can we void the lease ? The Applicant doesn't respond and s...
Sam Stout
1031 while Owner Finance??
Hey folks, I am owner financing a property I own. I am making a profit, but since I am financing the sale, my payout is over a 10 year period. Do I have to pay capital gains on that??Thanks!
Imran Badr
Investment property equity loan to purchase another rental prop
I know that I should ask a tax professional but I definitely would appreciate any guidance here. How do I leverage an investment property to purchase more rental properties? I own a rental property with a mortgage lo...
Elizabeth Clervil
Please share your experience as a wholesaler in Florida
Hello, everyone
I would like more information on how to successfully complete real estate wholesale deals in Florida. After researching the basics, I am looking forward to understanding the realistic steps in conclud...
Alexander Goodson
Potential tenant cliaming their 2 dogs are emotional support dogs
First time landlord and I've got this couple applying that are telling me their 2 dogs are emotional support animals and that they don't need to tell me about them and don't need to pay a pet fee. I found an article s...
Ben Ahrens
Investing with contractors
I am interested in developing new apartment complexes (8plex or smaller for now). Key contractors on the job would be receiving equity and correlating cashflow instead of payment for their labor. I plan on working it ...
Matt Schultz
Understanding hard money
New to investing. We have 1 property rented out, and am looking at another. The property we are looking at is in need of work, but can get it for 1/3 of market value. And about another 1/3 of market value to fix up. T...
Joe M.
Face in palm moments?
Hello everyone.
I'm in the process of closing on my first two investment properties. My plan is to rent both of these out once I've fixed them up a bit. They are both single family homes.
My question as a newbie...