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Hello Fellow InvestorsI am considering investing in a buy and hold with a friend. The details are below, please let me know if there are any legal or financial issues that I am missing.1. My friend is buying a SFH wit...
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Hello, curious to ask if I should create an LLC before I purchase a real estate property. I will most likely either buy a house hack, small multifamily, or partner deal with my first purchase. I understand that banks ...
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Hello all. I am looking into forming an LLC for my rental properties, then I was made aware that it is possible to be taxed as an S-Corp. I kind of understand this method as far as having to pay yourself a reasonabl...
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Hi folks,
I own two rental properties as well as a primary residence -- both financed through Fannie/Freddie notes.
Is it possible to put them into an LLC? Is it possible to title future properties into...
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I'm 56 and would like to retire from my job as a nurse below the standard 65y/o. Have a house with $229k loan with roughly $100k equity & 300k trapped in a 401k. Seems like rental income would help but AM I TOO OL...
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I am in the process of transferring a property that I own from my name into an LLC I created. I took out a private loan from a family member to purchase the property, and from what I understand I will need to assign ...
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I'm closing on a house in GA. I want the house to be in an LLC but I will have to secure the conventional mortgage. My lender and his main underwriter are swearing up and down that they close loans all the time for ...
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How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
Hi RE, I plan on renting and managing two properties this year. One of the homes is alreay paid off, and I plan on cashing out refi into the second home.It's now time to separate finances. I've decided to go with the...
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A Hubzu house was going to be my first leap real estate investing. I signed into a purchase with Hubzu November 11, 2014. Cash offer in Indianapolis and my agent advised to use a local title company. Everything went s...