This is largely a tax related question, but if there are other legal or financial or insurance things I should think about, please chime in.We have a SFR that is the first rental unit we owned. We used to live in it....
The offer is a 40 unit section 8 complex in New Orleans. It's gross yearly potential rent is $444,336 at 100% occupancy. Expenses are at the 50% mark so NOI is $222,168. He has already made 300k in repairs. Downsi...
So I made the decision to do an LLC already.I want to protect my families home and assets and it’s likely just the best option for me.So now I have a decision to make... LLC or SLLC...I understand the benefits of LLC ...
If you were looking to diversify your total investment portfolio and had $1million to put into real estate, what would you do? Interested in both passive and active investment ideas.
i'm working to negotiate on a property from a friend (seller). the seller has been fairly set on their price, but they also are tired of sitting on a vacant property for the past 2 years due to lots of city violations...
Curious as to others opinions on contract for deeds vs notes. I invest in both and hear are some of my thoughts:CFD’sPositives - when occupied tend to have higher reinstatement percentagesPayments typically cheaper th...
I live in Chicago and I plan on opening my business as a Series LLC. My question would be in which state would it be best to open it and why. Even just a finger point in the right direction will help. Thank you!
Is there a way to change title to a property out of an LLC to avoid paying the California Franchise Tax. Someone said putting into a trust might work. Any ideas?
My wife and I are seriously considering Wealthability and I’m curious for those who signed up if they still believe in it and recommend it? I have a couple questions:1. How much did you pay for the service?2. After yo...
Hi everyone. If a seller of a property does not plan on doing a 1031 exchange does seller financing save the seller from any capital gains taxes? Does the fact that the seller will essentially not be getting the full ...