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Hi all,I am a newbie real estate investor and I have been trying to educate myself on investing in turnkey SFHs in preparation for starting to purchase my first property out of state (I live in CA) this year. My goa...
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I would like to hear thoughts from Canadians how they set up their entities in the US and why they decided on certain structures based on investment/exit strategies. I have seen LLLPs used, LP used, LLC owned by C-Cor...
Hello everyone,I am a first time poster, been listening and reading material from the board for a year or two now. Been sitting on the sideline but wanting to get into real estate investment - rental properties. 201...
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Instead he is saying I need to claim it has self employment income since it was not a "one time only situation". This is a fix and flip that I loaned money to. I have performed 3 other fix and flips and am continuin...
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Maine law states that security deposits must be held under terms that make the funds protected from bankruptcy and judgements against the landlord. Talking with my bank, they offer escrow accounts where funds belong t...
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I have seen a state or two that has laws on the book, for a criminal offense, if i a tenant intentionally destroys a landlords property. These would not just be normal "damage" that could be seen as an accident, this ...
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Hi.We are switching property management companies in CA for our 4 plex and one of the terms on the new manager's agreement is as follows: Indemnify, defend and hold harmless Property Manager, and all persons in Proper...
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I know this may be a silly question for the experienced REI and CPA's; but is it possible to roll a 1031 exchange from a flip house to a rental property. I know that the investments from the 1031 exchange has to be of...
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I'm unclear on this and have not found a definitive answer through google searches. The IRS allows you to buy real estate with your IRA, with some very specific rules for doing this. However there is one rule which ...
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I would like to move my medical practice business (LLC) into a suite of a commercial building (different LLC). I will lease the remainng space to a separate tenant. Can my business LLC pay by real estate LLC rent at m...