Hi guys,Can anybody explain to me please this...Ive heard from one RE investor, who owns about 300 properties, that his accountant files a separate tax return for each LLC/trust, etc (if I understood him correctly)......
Hi, All. I have an SFR that is halfway through a one year lease. My lease stipulates that the tenants are to maintain the yard. It does not go into specifics as to what this entails. They have not been maintaining the...
Has anyone tried to put a rental property in a RothIRA?
For a RothIRA, my understanding is that your could put cash, stocks, mutual funds, bonds, real estate, as well as others assets.
With a RothIRA, you pay taxes o...
Hi BP! I reached out to a local investor just to ask questions and learn more. While he did provide me with some information he pushed that he can mentor me for 3 months for 5k. The mentor program is new for
him and...
I often hear people discouraging newbies from spending too much time on entity structure, business cards and websites. That makes sense. Actually do a few deals and then worry about the "secondary" pieces. That is the...
List some please Vs UMBRELLA POLICY
We have properties in different states, and we have been recommended to form LLCs in each state to hold the properties. I was wondering if anyone could recommend a lawyer that could assist with creating the LLCs. Al...
I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it ...
We are fairly new to real estate investing and we have done multiple BRRRRs and just listed our first flip for sale. After doing more research and talking with our CPA, we will owe about $30,000 in capital gains tax. ...
I've been investing in multifamily for 2 years now. I'm up to 40 units. I operate my apartment buildings as mid-term rentals.It's been a nightmare.Returns are amazing but it's a full-time job. Tenants expect hotel-lev...