Ron Alexander
How many llc's should I have.
We own 9 properties should each property be in it's own LLC. Or should they be the same.
Anthony F.
Pay Off Second Home or Leverage into New Property
Looking for feedback from folks who have been in similar situations and have lessons learned or advice, as I am just getting started and this is literally my first post.Wife and I moved out of our first townhouse and ...
Patrick H.
Property Managment Software/ Quick books
Hello! I am wanting to find out what is the most popular software or program you guys are using to keep track of income and expenses with your rentals. I own 12 units now and looking at around 40 more units in two...
John Fitch
LLC before you buy your first deal?
Here is my plan. Cash out refi my paid off primary residence for 150k & purchase a foreclosure w/pool for 129k(BRRRR) that needs a new roof & probably 5k in other repairs. Zillow has it valued at 234k but I do...
Calixto Urdiales
IRA questions
Hello there everybody-
I have two questions I would like to ask and hopefully I get some good feed back, thanks in advance!
1. I know the max. contribution to an IRA account for 2008 is $5,000 unless you are over th...
Earl Stewart Jr
S-corp tax filing for uber and flipping house(3 years held)
I have a single member LLC that is taxed as a S-Corp in which I flip homes and drive for Uber. I purchased a property in 2017 and finally sold it in 2020. I sold it for less than what I bought it for. I have filed the...
Buyan Thyagarajan
Top 3 things to look for an investment town home or single family
Hi,I am looking for an investment property like a Town Home or a Single family home which I would like to get some cash flow for a period of 5 to 10 years. After that, I plan to sell it. I would like to get some tips...
Colleen F.
Single to multi member LLC conversion done it? is it worth it?
Just wondering what the implications are of changing a single member LLC to a multiple member LLC as far as current depreciation, basis, carry forward losses and any other issues. Consulting a lawyer and accountant w...
Account Closed
Is the valuation for two 4-plexs done as a SF or MF?
Let me expand on the Subject line.I understand that 1 to 4 unit properties are considered single family from a loan and valuation (comps) standpoint. Since I am looking at purchasing two fourplexs as one deal, would i...
Kyle Lane
paper, property and business managment systems
I am trying to learn some tried and true old school methods for manually managing paper rental property and business records. I can't believe how difficult it is to learn about old fashioned record keeping methods. I ...