Brandon H.
Solo 401K LLC Bank Account
I've established a Solo 401K/LLC (similar to the IRA/LLC structure), but I am having trouble getting the LLC's bank account created. At BoA and Wells Fargo, their applications assume the business owner is an individua...
Sean Haberman
Farmland held in S-Corp- perpetual easement question.
Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is...
Daniel Gugliotti
Pros and Cons of Partnership
I am considering investing in my first property and have thought about partnering with a friend. What are the pros and cons of investing (especially starting off) with a partner?I would likely using a private money lo...
Elliot Grochal
When to Rent vs. Rent-To-Own
Hey BP, I've got a 2 bed, 2 bath SFH that I am nearly finished fully renovating (new foundation, hvac, plumbing, electric, finishes, etc.). I'm planning to BRRR once complete and take out a large chunk of equity to al...
Tanner Carson
Private Investor Strategy & Questions
Good Evening BP!Okay so I have 1 flip under my belt (net 19k)I put all that money back into my current residence that we are deciding to make our primary residence after 35k of renovations, because we love it so much....
Courtney Debetaz
Title Insurance Claim Questions
Hello, Has anyone had to make a title insurance claim for an "Incomplete Title"? I recently went to sell my townhouse and a couple days before closing I was informed that I had an incomplete title. I bought a townhous...
Tabitha Alvarado
Holdings LLC and Properties LLC - Philly Rental License
Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...
Clara S.
Steps to buying out a business partner
One year ago I bought a 4plex, my partner did the renovations in exchange for 40%, he did great work. I am 60%, he is 40%. The title is in my name, I put 20% down. We have an LLC, we operate medium term rentals in the...
John Underwood
A ban on banning STR's
An interesting proposal to make local bans on STR's illegal.https://www.live5news.com/2023...
Mailee Y.
Looking for a LLC Attorney in California
Hello,My husband and I purchased a 21 unit Motel last year. We are from a small town in Northern California and because of this, we wanted privacy and anonymity. After doing lots of research, it sounds like we knew wh...