I currently have 5 rentals (looking to grow) that are financed conventionally. That being stated, my lenders will not allow for me to transfer title into an LLC. Since I’m not able to transfer any of my 5 rentals into...
I've read the articles and many guidelines on being safe when blogging and not releasing any extremely personal details. I get that, but to help show my family is involved in our community, I'd like to post about some...
I have an existing LLC that was used for a couple of fix and flips in the past. A week ago I closed on my first investment property. It's a single-family condo purchased by me the individual with conventional financ...
Had a question about what the IRS requirements are to establish a permanent residence. I have lived in my parents house for the 2 years I've been out of school and I am not paying rent nor am I on my parent's mortgage...
Hey people-
It has been a long while since I last surfed around here on BP site. I would like to ask the entire BP community about your advice/suggestion/feedback based on your real estate/tax expertise in a dilemma ...
My wife and I have a member managed LLC for about ten years. We own two rental properties in the name of the LLC and we own 10 more rental properties in our personal names. All of our properties have mortgages on th...
I found a duplex listed at $95k in South Dakota that needs quite a bit of work. New roof, siding, balcony, both kitchens and both bathrooms. It's currently 4/1 top, 1/1 bottom. The bottom unit can be converted to a 2...
Hello fellow BP readers,I'm currently looking to set up my first LLC's to begin commercial multifamily investing. I've been doing my homework and i've come to the conclusion that it's in my best interest to establish ...
Hello all,
My name is Liam, and I recently established a real estate investing company in November. Since then, I have dedicated considerable time to training and extensive analysis of various investment opportunitie...
I am hopeful that this question is not too basic. :) I have one rental property and wanting an LLC to manage expenses (avoid co mingling) and set up a more professional business structure for future purposes. Ques...