Lola Brin
LLC use of EIN vs SSn
'We are transfering property that is under our name to an LLC. We are planning to use a Special Warranty Deed. We want to continue to use our SSN rather than to get and start filing using a EIN, has anyone had experie...
Armand Farr
Tax filings with properties in and out of LLCs
Hi BP - need your help with this situation:
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property C: The last property was held in Acme LLC with FOUR,...
Zack Ladwig
Converting Houses to LLC
What is the best way to convert ownership of properties to an LLC... I own all the properties outright, no mortgages.Also, if Trump's bill passes and the corporation tax is set to 15-20%, does that mean it would affec...
Michael R.
Boiler vs on demand hot water heater
The trole I own has a boiler water system that is not individually metered to the units. I am curious if anyone has replaced a boiler for three separate on demand water heaters. Pros and cons welcome.Thanks
Account Closed
Should I get a DBA or LLC for wholesaling?
Hello everyone,
Let me say that I am absolutely NEW in the real estate industry. With that said I've decided to venture into real estate wholesaling as a start to build some income. My question is should I get a DBA...
Daniel Bolinger
W/S/G Cost Allocation to Tenants
Under Contract for a duplex Should I always pick up the cost of the water, sewage, and garbage or is it common to hand off some of these costs to the tenant? Or just add it to the cost of the rent.
Justin Shepherd
401k Withdrawal to start RE investing
Hey everyone! I am new to real estate investing and wanted to run something by you. I am not set on it, but have considered making a 401k withdrawal to start investing in real estate. I own my house currently, but hes...
Mark Spidell
Anyone have a commercial insurance recommendation for Oklahoma?
I am looking to insurance multiple rental properties all within a single LLC. I was recommended to explore a commercial policy that cover all the properties vs. single policies for the individual properties. Can any...
Guifre Mora
What’s D difference between a private lender & hard money lender?
Nothing, in my opinion. They are largely the same, equally give short-term loans to real estate investors at higher interest rates than banks and other institutional lenders.
There are several opinions concerning th...
Matthew Nadel
information on blanket loan(s)
Looking to buy multiple properties from a seller and it was recommended for me to get a blanket loan. Any advice on how to obtain one? Can anyone recommend a company that does blanket loans. Thanks in advance for your...