Scott B.
CA Resident - Do I need an LLC in each state I invest in?
I'm a CA resident with properties in the Kansas City area. We currently have a Delaware Statutory Trust that holds our properties for asset protection/anonymity. All of our units are on the KS side of the border, so w...
Markeilsha R.
Prelim title search and setting an asking price
I just wanted to ask this question for clarification. I've had two contracts and I'm working on a third. The first two searches are being conducted by a law firm I engaged to help me with the close after I became ...
Steve Griggs
we have 185 acres need some help on how to split proceeds
I am involved in a llc. Partner owns land and I am doing all the legwork. subdivide,marketing etc. He is provided all the capital and the land. How would I typically split proceeds after project is approved, then impr...
Priyanka K.
Tax Treatment - Expenses between two Rentals
Hello dear friends!I am a buy and hold investor. I know any expense before I buy my first rental can be treated as start up cost but I would like to get some input on tax treatment of expenses incurred between two re...
Stipe Ba
Hold $ vs bigger down payment to avoid PMI
Do you think making a bigger down payment to avoid the PMI would be beneficial vs holding the extra $ for another property ?
Obed H. Bey
Is it recommended to move 401k money to an LLC to finance deals?
A friend of mine was advised to move 401k to an LLC to finance his business and there was a way to do it without being heavily penalized. Is anyone familiar with this method?
Rocky Glass
Property in LLC then renting
I’m in Louisiana. I have one mobile home that is in my LLC that I am currently renting out. I bought another mobile home that I will be moving in that i also put in my LLC. I will rent out my house since I’m moving in...
Tim Kaminski
Window Replacement-Tampa Permit Question
I have a 1923 year old home with old windows that I would like to replace, as well as replace some of the framing around them due to termite damage. Would like to slowly do over time, at my own pace. 1. Should I pull ...
Cliff Rosa
Collecting Double rents and late fees
I evicted tenants because the did not pay Jan or Feb rent. In my lease agreement it states that on the 11th a $25 fee is applied plus $10 a day that it is late until it is repaid. My question is, Is it allowable to ch...
Beaux Blackwood
Tax Question - Need to move $ from Stocks for Property Purchase
I started investing in 2020, so it would be taxes as short term cap gains. I've listened to Tax Free Wealth and it seems that these two types of investments aren't relational - meaning, there are no tax breaks from mo...