Adil Oghlan
Form a LLC after you purchased the property?
Hi All Here is the situation: I have spotted a potential deal and looking for equity partner, my uncle showed great interest and agreeing to partner with me on this deal, however due to the time limit we didn't file a...
Charles Moore
Own rentals w/ little equity in my name w/ primary home in Trust?
Hi, all!I am looking at acquiring 3-4 properties through a 1031 exchange from an appreciated rental that I have in my own name - I already have that part figured out.What I am still researching is whether or not to p...
Dinesh T.
How to get Tax ID?
My attorney created an LLC for me. When I went to the bank to create an account, I was advised that they would need a tax ID for my LLC. I called the IRS, but could not get through. Please let me know what my next ste...
Keith Pen
When Should I Renovate the Property I bought from CA Tax Sales
Hello Everyone,I need some help on deciding what to do here. Recently, I bought a property from a California Tax Deed auction. I need to do a renovation that costs about 20K. I read that there is a 1 year period that ...
J.P. Ventura
Should I Elect to be an Independent Contractor or an Employee?
I have the option of being hired as an employee or independent contractor. I am wondering if any local accountants or CPAs in the DC / DMV area (I live in DC) have any advice as to which I should choose. I am going to...
Miranda M.
Operating LLC but home under my name
Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...
Dinesh T.
Condo or Multi-Family?
I have heard that multi-families are better than condos, but my analysis shows me otherwise. Please advice if I should pull the trigger on the below condo:Condo: Offer: 62,500; Rehab: 10,000; Rent/mo: 1300; HOA: 200, ...
Kevin Leonce
Owner of property died with no known relatives
Anyone ever had a situation where they found a property but the owner died and there are no known relatives.... Where or to whom do you go, to find out about purchasing the property?
Michael Wirtz
International Airbnb Venture
I am getting my Italian citizenship, and using that as a tool to invest in airbnb style properties abroad. Does anyone have any experience doing this? Would love to chat.
Account Closed
Creating a corporation and BLOC
I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...