AJ Wong
Can you close your STR investment property in an LLC? Hint: The short answer is yes.
The majority of our STR investors and vacation rental buyer clients ask or elect to close their acquisition in an LLC.
The primary determinant (beyond the tax implications) is whether the lender will underwrite and ...
John Park
STR Tax Loophole in a partner LLC
Hi. My brother and I are 50/50 business partners in our real estate journey. We are closing on a couple properties that we tend to use for short term rentals in order to take advantage of the str tax loophole to offse...
Salvatore Lentini
What's stopping you from buying your 1st investment property?
I built a rental portfolio of 127 units and soon to double in the next year. I've experienced a little bit of everything: wholesaling, flips, single family rentals, multi family rentals, office, commercial, developme...
James Wise
Are you prepared to do what it take SURVIVE this business?
Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...
V.G Jason
Asset Protection: Two Company Structure Questions
Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
Roger Lin
One company v.s. a bunch of companies
What was the first you did when you started investing in real estate? Mine was to start an LLC. My training and experience as an attorney told me that protection against liabilities is a very high priority. Seven ye...
Dave Kay
Can I pull my own permits? (In Los Angeles) And, will a HML let me?
I'm a little confused on permits. Hoping some of you who know Southern California might be able to shed some light on this.
I might have a deal in the works a little sooner than I expected to. The scope of work on t...
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Frank Patalano
So what's holding you back?
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
Anthony Cross
Type of Rental Property Insurance
Hi BP. I'm analyzing a few properties for my first investment property purchase, which I plan on renting out to my brother and a few of his friends in a college town. I asked my homeowners insurance carrier for a qu...