I have about $80K equity available in my primary residence. I also have an investment property that was purchased and held in an LLC. The bank is requesting all kinds of documentation on the investment property includ...
Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...
Can anyone refer a good business/real estate attorney on the west side or downtown Orlando? I need to move my Tennessee LLC to Florida. No properties inside it yet, but currently using it as a flow-through for rents, ...
I have a schedule 30 min call with Rod Khleif from "The Lifetime Cash Flow Through Real Estate Investing Podcast" and I want to make sure I asked the right questions as it pertains to RE. Rod invests in apartments and...
Hi, I currently have a Wyoming LLC owning a Texas LLC to start a land developing business in Texas. I am trying to determine if I need to have the funds from business flow through the Texas LLC bank account into the W...
I would like suggestions on which incorporation vehicle is best for me in Florida I currently have a FL LLC to use for making hard money loans or flipping properties. I plan to buy and hold a 10 unit multi family ap...
First time poster here. Am a Canadian looking to get into virtual wholesaling in the US. Was advised to form an LLC - now I'm not overly sure as to which state I should go about doing that in.
If anyone could...
Wealth Building vs Cash Flow
My proposition is that too many real estate investors, much too often, emphasize cash flow over increasing net worth. While cash flow is important, it should NOT be the ultimate financial...
No, the “great divide” isn’t between residential and commercial, nor between owner occupied and rental. The great divide” is between purchasing real property for CASH FLOW, or purchasing real property for CAPITAL APP...
Hello!
A group of my friends and I have been talking about purchasing homes in the States (Texas) and renting it out. I was wondering what the best way to do it. There are 5 of us and we are wondering whether it's ...