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Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
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First things first... Happy New Year everyone! I hope your 2015 is off to a good start. I have a hypothetical scenario for you to ponder. Let's say you are looking at purchasing a performing note, but after doing t...
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What do you think? Interest rates are very low right now. However, the newspapers are saying that it's almost guaranteed the Fed is going to raise rates next year. That could cause a decline in prices.
If you buy no...
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What does an inverted yield curve mean? Impending Recession? Any other signs recession/correction is coming?
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Please forgive the typo. I'm not sure how to edit it. Thanks.
Hello, I have a 2 bed 1.5bath townhouse for sale and would like your opinion on price, marketing, etc. These are the specs:...
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I’m in a LLC partnership with 2 other people. The accountant who one of the partners has always used did our K1. We bought some lots, built two houses, and sold them. He put the income down as capital gains instead of...
So I have found a mid sized multi family property and to take it down I am bringing on a single limited partner to fund the downpayment. I’ll be the single General Partner for the deal and already have bought propert...
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I would just like to make sure the numbers to calculate cost for granite install are correct in the below hypothetical example.
Granite Cost: $32 per sq ft
Counter Length: 15 ln ft
Counter Depth: 2 ln ft
Need to c...
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Hello everyone. I have a question. I bought a primary residence in September 2012 and lived there until December 2015. The house was held as rental property from January 2016 to September 2019. (3 years and 8 months)...
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Hello. I am based out of GA. I am under contract for a new SFR at 435k with the builder. This will be my 2nd rental. First one I closed in December 2023. Now I see lot of people ( many on youtube) are suggesting that ...