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My brother and I are wanting to get into flipping houses. We want to go in together on a deal, but we hear an LLC is a good idea. After hours of research, I am lost. We both have different amount of capital, and diffe...
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I am looking for ideas on how to set up a successor plan in case something happens to myself, and I can no longer take care of my RE portfolio. I have a few commercial properties held in separate LLCs, and a few prope...
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Here's a current story of the mistakes made by an uneducated investor.
The subject property is a 2-story, 4 bedroom, 2 bath with a basement.
The current owner acquired it in 2017 in either an estate sale or a probat...
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I have bought 2 rental properties in Michigan with 3 other partners. We formed LLC using zen business online. I am trying to transfer the deeds of the properties to the LLC with help of a lawyer. He wants me to get an...
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I will be partnering with another investor to buy a mobile home park. We initially talked about forming a new joint venture LLC to acquire the property but he's proposing to buy or take over the company that owns the ...
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If there are a group of passive investors that contribute money to an entity (...without exchange of ownership interest) and that money is used to buy and develop land; what tax form are return of profits reported on,...
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For those of you who provide guests with dishwasher & laundry detergent, do you provide liquid or pods? The pods are more expensive but the advantage is you only need to leave a few out and if they go through thos...
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Hello All,I have a question that I can't seem to find a clear answer on.I have a single family property that my wife and I purchased with a partner. All 3 of our names are on the note. We currently have the property u...
Good Morning,I am currently setting up an LLC as the designated manager (COO). The other members and I have a significant amount of personal assets we want to protect, hence the LLC. The main focus of the business i...
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Hi guys. I have a property that I purchased and improved, all cash in September/October 2021. The property functions as a short term rental, to nurses with longer contracts and airbnb in between. The property has b...