SANDRA Hillhouse
50/50 profit split after it before accounting fhr capital gains t
Hi. If doing a house flip and spitting profits 50/50 (money/rehab work), are the profits spit after subtracting capital gains tax or before? Thanks!
Joan Saylor
Help setting up Business Entity in Corpus Christi
I currently have only 1 investment property that is wrapping up renovation. I wanted to form the correct business structure/ entity to have ready when I refinance the property to put it under the name of the LLC at th...
Randy Choi
Asset Protection for California resident - mix of CA & Non-CA RE
Hello, I am new to the group. I was doing some due diligence with best practices for asset protection on LTR. Our situation is a little complicated since the owner is a CA resident with a mix of CA and NV rental inc...
Christopher Guerriero
Legality of town changing property classification from
In 2018, the township of Ewing NJ changed the definition of a dwelling unit to "houses with 5 or less bedrooms". Houses with 6 or more bedrooms became defined as "Commercial Rooming Structures". "Commercial Rooming St...
Craig De Borba
Seeking recommendations for legal - RE business LLC
I am looking for recommendations for a good person to consult with on RE business entity structure in the DFW area. I have a unique situation and have a few questions and could really use a professional's advice. Than...
Chris Schady
Thoughts on how to structure deal with potential investors
Hi all-I was hoping to get the Community's take on the following scenario...I am looking to acquire my 5-6th units via a duplex. This would be a solid property in a good area consistent with my portfolio to date. ...
Soleiman Bolour
NDA / CA - Non Disclosure Agreements / Confidentially Agreements
I connected with a broker last week and they asked me to sign an NDA. I was completely okay with signing an NDA, but asked if the commission would be paid by the seller or buyer. The broker got really upset with me an...
Stephen Burke
Creative financing for triplex from my parents in Texas
My parents own a triplex here in Texas worth about 120k, it needs some capex and rent hikes. Conservatively, rent with little improvements and repairs will be 2200$ in this market and higher with upgrades. I am in th...
Antoine Griffin
Best Areas to look for Flips, Rentals, and Wholesales in SWFL?
Best Areas to look for Flips, Rentals, and Wholesales in SWFL? Just moved down for a job. Looking to start doing more research.
Matthew Lindsey
What is the best type of Attorney?
Hi,Can someone point me in the right direction? I want to find the best type of attorney to help me structure my rental business as to help protect my personal assets the best. I have an LLC and an Umbrella policy tha...