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My Husband and I got s house our first property. We were able to scores a 4 family, awesome! The problem is we are getting low on funds. Our property is not on public sewage snd had a cesspool so we had to update that...
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What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
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Good morning BP nation,I have just become aware of the Series LLC, which appears to afford much better asset protection than a standard LLC due to the ability to essentially nest entities within each other. Based off ...
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I am asking this question for my sister. She has a house and wants to sell it. However her garage is on the neighbors property. Is there anyway around this? O by the way the neighbor will not sell that part off to...
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I want to be a landlord,but with all the problems today such as getting sued by tenants,enviromental issues,and the list goes on.How do wealthy landlords protect their investments,and keep wealth,and from such problem...
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I have notices in the past 10 telephone calls to seller that many are hesitant to enter transactions with someone as inexperienced as I. I would like to form a business structure to operate within but not sure which i...
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A neighbor of mine is a RE agent and he approached me with an off market apartment complex in Port Huron, Michigan that the owner wants to sell. Here are the details:30 units1.2 acres20 townhouses 2/1 plus 10 apartmen...
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Obama administration's proposal to sell tens of thousands of foreclosed properties owned by government-backed entities and then convert them to rentals gets mixed reviews.
http://online.wsj.com/article/SB100014240531...
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A syndicator has told me they can give a better return to IRA investors as they don't need depreciation and her accountant does this type K-1 schedule. This would mean the people investing from their personal savings ...
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A few concerns I have are funding, as well as starting an LLC. I am definitely wanting to start an LLC, but my question is, do I need to create one prior to having my first deal, and will I be able to add previous pro...