Rick Santasiere
One LLC or Multiple LLC's
My attorney advised me several years ago to set up LLC's for each one of my rental properties to limit my liability in the event of being sued for any reason. It made sense to me that basically the tenant can only go...
Mark Hughes
Sell my car and lease a Truck for the writeoffs?
I have 20+ units now and interested in doing more BRRR and Flip projects in the near future after achieving FIRE in another year or two. For this, I want to get a truck for renovation/landscaping/demo/home depot trips...
David Eisen
Tenants owing a lot of rent and Forgiveness of Debt
Has anyone use forgiveness of debt if a tenant leaves/evicted owing back rent money? A quick google search... If a creditor discharged a debt of $600 or more, you should receive a Form 1099-C from the IRS showing the ...
Dale Nuzum
Using my 401k to finance my existing tree farm business with ROBS
I own a tree farm and am thinking about expanding plus getting some money for operating. Does it make sense for me to get a ROBS?
Jeff Fairchild
Diff. btwn lease option/lease purch./regular option
What are the circumstances in which it would make sense to do a lease purchase rather than a lease option?
What are the circumstances in which it would make sense to do a regular option vs. a lease option?
Chris Martin
8 Reasons Why Owners Should Sell Their Property Investments
I saw this article on Yahoo! Finance by Debbie Carlson, U.S.News & World Report (May 2, 2019). There are times when selling (or exchanging via 1031) make sense. While I don't agree with some in my scenario, I can ...
Jordan Shay
Private Money- Buy & Hold
Does it make sense to use private money for buy and holds? I want to invest in buy and holds and I don't want to use having no money as an excuse not to invest, but does it make sense to use private money for these? W...
Aaron Gehrig
Newbie from Des Moines Iowa
Been lurking for a little bit and thought I'd finally jump in and introduce myself. I've been interested in real estate for quite some time, but have only recently started getting serious about it.Right now I am just ...
Robert K. Morillo
Over-analyzing and Information Overload
I've been doing research on executing flip or "wholesale" deals since the middle of February and I finally started taking steps towards finding my first nontraditional deal. I've got a cash buyer's list, door hangers...
Account Closed
California Equity Purchase and Equity Skimming Laws
Calling all CA legal eagles. Is anyone aware of equity skimming laws in California separate from CCP 890-894? That Civil Code deals specifically with rent skimming. I'm also familiar with Civil Code 1695 that d...