I would like to get opinions on a plan my fiancé and I are working towards. We would like to start investing in multi-family properties for multiple reasons some of them being to produce passive income, retire or sem...
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If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
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My FIL paid off his home, moved out and has given it to us as our first investment property to get started. The as is appraisal came back at $375K and we have taken out a HML of $120K. Once rehab has been completed AR...
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Hi Everyone,I'm in an interesting spot. I want to start my investment portfolio, but my job situation is changing. My original plan was to stay in CT and start investing with an owner occupied multi-family. Now, a new...
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To my Canadian friends, I have only ever invested in the US. I have done two turn key deals and recently bought 3 properties at a tax sale. I really want to grow my business in the US, however my new cross-border acco...
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If you have any questions feel free to response to this and I can provide an answer to your question or can find the answer for you soon.
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I know this is the millionth post about LLCs. I've talked to two investors in California and they said if a property is in an LLC, your heirs (my kids) would lose the step up basis. For example: if I bought a house in...
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Hello all, Im a part-time investor looking for buy and hold properties. I currently own 13 units and counting. I do mostly buy and hold but will do a flip if the deal makes sense. My goal is to purchase 20+ units at a...
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Has anybody done this and/or is it possible?
I'm back and forth between rehabbing and purchasing rentals (I mainly rehab to get additional capital for purchasing rentals) and am wondering if the "like kind" clause ...
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How can I get pre approved for home loan as small business owner? If paying myself little but business is good? Are there any lenders or lending programs you can get per-approved using business incomes instead of pers...