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Hi, I'm looking for clarification on the following scenario:I buy and live in a house as my primary residence for 2 years. Then, I convert it to a rental for the next 5 years. Finally, I decide to return and change th...
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Newbie to House Hacking here. Please shed some light into this scenario for me. I thought I had read as a married couple, only ONE person of the partnership has to actually "live" in one of the dwellings for a year. I...
Hello All - I am relatively new investor and ended up with about 6-7 properties in Illinios and Indiana. I have been researching LLC creation and options and both states do support series LLC. Secondly, Illinois LLC ...
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Hello,I am looking for some advice. I entered into a purchase agreement (with 3-4 extensions) to buy a commercial property from an LLC (a married couple and another individual as sellers). The current extension ends i...
Hello BP, My wife and I currently own two rental properties in our own names. We are now in the process of purchasing our 3rd with the plans to BRRR it and refi into an LLC. We live in Pennsylvania.Well, I went to l...
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My husband and I sold our investment property and are about to close on selling our primary residence. We have not identified a new primary or investment property to purchase yet. We will have about $1.3M we want to k...
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Hello! Thank you first for reading this post! The facts are below - I was hoping to get some of this special community's advice. The intent of this home is to be our first home as a married couple & to have spaces...
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Hi All, My wife and I live in SW Idaho and are interested in becoming real estate investors in the next couple years. We currently own a home in the Twin Falls area and are interested in turning our current primar...
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Hi,My uncle (blood-related) owned a home in southern Massachusetts. He passed away two years ago and his wife (whom he may or may not have been legally married) was residing in the house. We are not at odds, but we ar...
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Advice me on how to handle this issue please.My partner and I have under contract a residential property for a fix and flip. The issue that has come up is that we submitted everything under his name only and now he te...