Shanna S.
Does salary of S-Corp officers need to match ownership percentage
My partner and I have an S-corp where we are the only employees and have a 60/40 ownership percentage split. I recall being told at some point by an accountant that our salaries needed to match this percentage. For ex...
Christopher J.
What are typical splits for contribution and ownership in limited partnerships?
Say a limited partnership is formed to purchase a rental property. I understand it's typical for the general partners to contribute less money compared to their interest in the partnership since the general partne...
Glenn Cheshire
Unemployed siblings & liability in a house that I share ownership
I am looking for help regarding a house that I am 1/7th owner. Both of my parents are deceased, and I now share ownership in their house with my three brothers and three sisters. The house was never in great shape and...
Thomas McPherson
Thoughts on Pacaso (Co-Ownership Real Estate) and it's Market Effects?
Hi everyone, I am interested in hearing everyone's thoughts on the Platform Pacaso, I have noticed that it can inflate housing prices in some areas due to them being less concerned about paying a low price upfront and...
Rick Giuly
Wife left country, how can husband get full ownership of land
I'm working on a land purchase from a male veteran whose wife left the country 10 years ago and no longer responds to any communication. (She's now in Russia.) He and his wife are on the deed.(1) Is there some way to ...
Kelsey Vander Meulen
After transferring ownership, when does 30 day period to evict start?
I just acquired a triplex in Arizona. One of the tenant’s lease expires on 10/24/24 in less than a week. I am closing tomorrow 10/18. I plan to hand deliver the 30-day notice to vacate tomorrow 10/18. Does the tenant ...
Oliver Graf
States allowing MLS marketing with contract but before ownership? (Land Flipping)
Hey everyone! I’m looking for insights on which states allow you to list a property on the MLS as soon as you have it under contract—but before actually owning it.
I know that some states have strict regulations arou...
Luke Corigliano
Getting married with 2 homes of less than 18 months of ownership
Hey all! I've been a biggerpockets podcast listener for the last 6 months or so and my new wife and I are very interested in getting into the real estate investing game. A little background information that is relevan...
Toni D.
Is there a 30 day rule for Investor ownership prior to Selling
Hi, Is there a 30 day rule for Banks not to allow investors in Calif to have their completed Rehabbed property in Escrow before 30 days? We had 2 offers canceled due to their banks not allowing the sellers to be in e...
Don Ireland
Taking ownership of prop, want to use LLC which doesn't exist yet
My intention has always been to put each property in an LLC. But the LLC doesn't exist yet. For those who use LLCs for their properties, how do you go about this? Its pretty common to make the property address be th...