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Generally question when looking to protect yourself (personal liability) from your investments (Rentals). Share your experiences or things you do. Do you have a holding company? S or C Corp? Just an LLC? I am also cur...
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Hello all,I've got a bit of a financial puzzle I'd like some input on.My wife is going away to school for 3 years, so she will need housing during that time. As budding buy and hold investors, we thought this might b...
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Hi All!
I wanted to spell out all the steps I went through in order to be functional as a real investor via a US company in America. I thought this list might be helpful for others who aren’t quite sure where to st...
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Let me say first, this may be in the wrong forum but this seems to be the closest to the topic at hand.The question is, "How does one account for Vacancy and Repairs?" The question is specifically related to Quickbo...
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I've started looking into a few SDIRA companies and just wanted to ask to see if anyone has experience with these companies or if anyone has any suggestions for another SDIRA.I'm looking at Quest, Advanta, and Cama. R...
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Currently own three multifamily fourplexes (2 in Ohio, 1 in Missouri). Plan to continue to purchase more soon. Currently reside in Virginia.Working on establishing a legal entity and spoke with one law/cpa firm. The...
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I realize a lot of investors start off by using monies from their retirement portfolios, whether its a 401k, IRA etc. Seems like everyone agrees that they enjoy a better rate of return in real estate than these conven...
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Just got a call last night for what may be a great (amazing!) opportunity. A family member is looking to retire and offered that I could take over his entire business. We didn't get into the depth of details I'd like ...
As we go into 2019, figured I'd share a tax related planning tip that I personally feel will be important for business owners and RE professionals moving forward. For complete details, please reach out to a tax prof...
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Hello
I am turning my home into a rental property in SC and am moving to IL. I may buy a place in IL and eventually rent it out as well. I was told an Scorp in SC would be best but would I be able to use tha...