All,I'm a new investor who has decided on an area and has a good team in place. My initial investment will be a buy-and-hold SFH for long-term rental. I wish to be legally shielded from day of purchase, but in order ...
Hi guys, I currently have 3 properties which together is 7 doors. Currently I have all of them under my name, is that fine or is it something I should get with a CPA about and get them under an LLC? Mainly for tax and...
Hi BP.I am currently engaged. My fiancé and I are planning on getting a property in January or February of 2023. Before I ask some questions, I want to give you a little background information on us.We both were in co...
Based on the podcasts, I understand that it's advisable from a Liability point of view to have a LLC for each of the investment properties. But, as a beginning investor, I was told that a new LLC will not qualify for ...
I don't know about other landlords, but I do a quick Google of those who requested a viewing, and I ask them to fill out a quick questionairre before I even schedule a viewing, things like how many parking spaces do y...
Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...
My wife and I are in the process of closing on a vacation home in the Davenport area. We plan to rent it out, as an STR, while we are not there. This will be our first vacation and STR home. We need to determine the r...
I've found a house that appears to be unoccupied and in disrepair. I've looked up the owner of record on the county tax records and attempted to make contact, but have had no luck. I have found legal documents that ...
I've been reading a lot of debate where people argue about whether one should or shouldn't put their property in an LLC , that isn't what I'm asking, what I would like if to know is if investors who put their propert...
I did an inspection on a 4 unit yesterday. In the basement is 1 meter and 2 panels with circuit breakers. The wires are newer and my inspector noted some wires were not enough amps. Then we get to the attic and eve...