We've been purchasing a lot of product lately on short contracts to be competitive in the Austin market. A closing we had recently got a bit chippy and the title company the seller selected failed to tell us we neede...

Hello to all you fellow entrepreneurs! I have a few questions about possibly starting an LLC. I was reading through some of the FAQs from the stickies in this forum as to not create another thread that was posted 32 t...

I'm currently looking for my first flip and have received conflicting advice from some of the local investors I've spoken to. Some say it is better to get your feet wet and go through the first flip from start to fini...

Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...

When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...

I'm going in circles trying to figure out where I report my K1, Box 10, Net Section 1231 Gain on my personal return. Partner instructions say I report it on form 4797, except that is where the number came from in the ...

I rented a FL condo to two women last year, a newly formed couple. They are both on the lease. The lease, which my FL attorney drew up, states that I must name one tenant to whom the security deposit is returned upon ...

He said it is not so much about it being legal to do in my state but more about what is written in the agreement that allows me to sublease to another tenant buyer in a sandwich lease option transaction. He said it is...

I'm debating this one. I hate the thought of having 2 cell phones, but I'd like to keep them separate I think. Thoughts???

I've applied to become a Realtor through ACAR, my local Realtor branch, and I'd like to know how long it generally takes for them to approve a new member.