Hey guys, does anyone know, if 2 or 3 members are in an LLC and one member of an LLC passes away. Lets say there is a house in the LLC.How does it all work out then? Do the remaining members have to go through probate...
I'm looking for a good, reasonably priced cost seg consultant. Any recommendations?
My portfolio is comprised of 4-plexes (4 now, and likely 5 more before year end) all in the same area.
Thanks!
Hello Everyone Thank you for reading my post,
I am wondering what percentage monthly, you guys allocate towards expenses such as vacancy, maintenance, and repairs. When you are looking at new properties. Thank you.
Hi,I have separate accounts setup for security deposit in Baselane. When I receive interest next year would I be responsible for paying the tax on that. How do people allocate tax to the renter rather than paying it t...
Can I rent out a couple of room of my house and do 1031exchange after 3 years
I heard somewhere that there is a seven dollar per diem write-off allowed for food when visiting a rental property. Does anyone know if this is correct? Seems a little low.
Hi Everyone! I am located in Northern CA and after some serious conversations with a close friend of mine for years, we decided to partner up and start fixing and flipping homes, specifically in the East Bay market. M...
I am interested in buying a 2 unit commercial property with an SBA loan. I have 1031 Exchange money and my own cash to fund this. In the larger unit I want to open a business and I will lease the smaller unit. Both...
Purchase price $185,000. Would offer $195K with no inspection. Using business line of credit @4.25%. Pay for a few years with line of credit then get a business loan for the remainder. $50K down from savings for do...
Hi All,I have a buddy that just got out of the military and we plan on partnering up to do a house hack deal in San Jose. We were thinking about getting a duplex, renting one side out, and airbnb'ing the other side. ...