My partner and I formed an LLC in 2015 and purchased a rental home. This is our only investment property and the sole reason for the LLC. In 2015 we did not issue a K1 and there was no return filed for the LLC. We fil...
Anyone ever took money out of your 401K, or had investors take funds out of their 401K to invest in your LLC. What was the process like? Multifamily syndication is the goal.
Hello all,So I'm in a bit of a dilemma here. There's a property for sale at a good price that I think would be a good opportunity to start the REI journey with. I also want to buy a house to live in for myself and tak...
So I am going through the lending process with another lender and we just got my rental appraised last week. Now Quicken, who has the current mortgage, has gotten the notice that I’m about to pay off the loan and then...
Not sure what area in the forum this question should go in.
One of my renters wants to buy the house they have been renting for the last 7 years, but they want me to carry the note.
At first I declined, but I told...
Anyone have any success getting K-1 forms from iFunding this year?I haven't received any communication from them and hoped someone else had.Thanks.--Natalie
I have a first time time land lord. I am fortunate to have a wonderful tenant in place. I am considering selling my property. The lease expires 6/30/24. I should have 200K plus in equity. My living situation is i rent...
Well, put me in the camp of no longer accepting two year leases. The problem, as I've learned recently, is that the lease really only binds the landlord. The tenant can still leave whenever he wants.One of my tenant...
Happy Holidays from Texas!
New house, totally remodeled, potential tenant is asking for 6 month lease, with month to month after lease ends. I prefer 1,2,or 3 year lease. a) Should I charge more for a shorter lease?...
Hello everyone: I have been approached by my management company to look into refinancing my (2) 3 family units located in the Bronx Here is part of the proposal agreement. Please give my your thoughts. I am have no ex...