Robert Spohn
Setting up an LLC for my real estate investing company
So I am currently in the process of setting up an LLC for my real estate investing company. I am looking for recommendations as to which route I should take to set this up. I am in a toss up between hiring a real esta...
Patrick D Kelly
Spouse Signature for Investment Refinance in Texas
I have a rental property in Texas (community property). I owned it before I got married. It is in my name only. My spouse has never lived there.I'm doing a cash out refinance via Rocket Mortgage. I'm about to clos...
Scott Everhart
Entity Structuring with S Corp and multiple LLCs
I was thinking I need to evolve my entity structure approach with my real estate business. My wife and I have an S Corp that holds our properties today. We have properties in IL and TN. I'm thinking I need to add some...
Derrick Lloyd
AirBnb private room and HOA rules
Hi,I live in a 2bd/2ba condo an currently rent a room to a friend. I found out that he will be moving out in a couple months, so I am exploring different options of what to do for the second room.One of the potential...
Brendan Hubster
TIL thread. Pros needed! Newbies need it.
I love TIL posts. I think they've a great way to just learn a ton of little facts in quick succession. For those that don't know TIL stands for 'today I learned'. Feel free to post one or more things you learned today...
Drew Shirley
Taxable Event? Reinvesting Acquisition Fee as Equity
I'm working on my first apartment syndication and would like to re-invest part or all of my acquisition fee into the project as more "skin in the game." Is there a way to do this without paying taxes on the reinvested...
Sean Harris
Triple net lease with replacement rent
I'm brand new to the commercial space so I'm just trying to learn a few things. I recently found a commercial property that has a NNN lease with a 100 year ground lease with 84 years remaining and it states that it ha...
Steve Wilcox
Registering a Biz- NAICS
I am in the process of setting up an LLC for my flip bushiness. I am incorporating for liability protection among other reasons which have already been discussed at length in other threads. I am using a licensed contr...
Noah Weitzman
Refinancing tax's if rolled into another property
Hello! Thanks for taking the time to help with this. Was wondering if similar to a 1031 exchange for selling a property if there was a vehicle for a tax-free refinance if you refinanced a property and used that new ca...
Hanbin Y.
Concerns about Cleveland; need experienced opinions
I guess I'm doing things in reverse order... Another newbie mistake. Anyway, I closed a 5-unit deal in Cleveland recently. But as I read more articles, I have some concerns about the prospect of this city. I was think...