Hey all, my name is Jay and I live in the central Texas area. I'm currently in the process of selling my condo and possibly purchasing my first rental property. Here are the details:1) I should net $30k-40k on the s...
Hi guys! I’m looking to get into real estate investing. It’s been a goal of mine for years, but I’m a college student and finding the time and money has been challenging! I’m graduating in a few weeks and have saved a...
So I know I need to establish an LLC to protect my families assets, but I'm a bit confused. Seeing folks setting up a holding company, Master LLC and sub LLC's below that? I know I'm not using the correct terminology,...
Hi BP,
My brother and I just made our first offer on a property we have been looking at.
Though we have the cash needed, we are also considering bringing in equity investor(s).
Now that we're at this point, we real...
The property I am attempting to buy is in a very nice wealthy neighborhood in central Illinois, however, It doesn’t have a single renter occupying the property at the moment. I’m wondering if I should forgo buying thi...
hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?
Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN? If so, how would taxes be filed? I understand a single member LLC files a personal tax return and that is ...