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Hey Yall - I live in California and own properties in Ohio and Tennessee. Definitely need some help.
Trying to figure out the holding company/land trust/umbrella policy/LLC conversation.
Theoretically, I'm thinking...
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I sold a rental yesterday for a solid profit. Though the purchase price was miniscule, it means I sold it well over 3X my purchase and rehab costs. I rented it for four years to one family and the sold it. I bought in...
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Do any of y'all leave a welcome basket of some sort for your Long-Term tenants? My team and I are wanting to add a special touch (outside of the 2+ inspections / year we do) to let our tenants know that we care for th...
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I have to replace stove/oven in a rental and debating between self clean oven (which typically will cost $100 more) vs manual clean oven. I plan to keep the rental for long term so not that concerned about cost but m...
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I have a small portfolio of houses I'm interested in selling in Jackson, MS. I have a commercial loan -- 30 year fixed at 4.625%. The owner of the loan is not willing to do an assignment. So a prospective buyer sug...
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Hey All! I'm looking for experienced REI's with knowledge on how to properly set up a DBA or "Shell" company for what I'm looking to do. I want to have a solid Email/Biz Card/Title to advertise myself as, or "The Ma...
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Looking to structure a deal between myself and my dad. It would be a duplex investor purchase with 20% down. 10 % from me and 10 % from him. We agreed that since I would manage everything and take 10% off the top o...
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Hello - I own a few properties and am involved in a couple of syndications. Recently, I spoke with Anderson Tax Advisers regarding my asset protection setup.They recommended a Wyoming LLC as a holding company and for ...
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Hello, just starting my tax return for the year. I realize I may need to go the route of a CPA, but I'm trying Turbo Tax first and looking for advice. My question is this: I'm a part-time real estate agent/investo...
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I'm going to be doing a 1031 exchange sometime in the next few months. (existing tenants will buy a rental property -- exact date not set yet.) I plan to roll the proceeds into a 1031 property. However, I just saw ...