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Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...
Just starting out in buying rental property, should I create a LLC because of taxes and liability?
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I just had someone ask me about transactional funding. This is not my typical M/O and am curious how I could get hurt offering that service.@Jay Hinrichs and other pros?
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I have been renting my house out to an older couple for 2 years. They moved out June 1st and let their daughter in law take over the lease. she signed a year lease and she told me on June 28th that she had to move Jul...
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I sent offer to one property that was on market for more than two years.
That property listed for $200k,one year later ,lowered to $150k.
right now is $84k.
I wrote an offer at $50k.
We reac...
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Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
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I have a quandry.
I am looking to buy a property and the seller is an older gentlemen who is sick, possibly very sick. I contacted his agent and it is actually two women, mother and daughter, that represent h...
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Long story very VERY short-My husband and I are interested in purchasing a property for renovation. There is one current tenant who doesn't want to move. He is not rent controlled, is a sibling of the owner selling t...
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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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Hello, My fiancé and I are about to wire down payment to invest for 3/2 SFR in Ocala, FL. It’s a new construction building which will be finished building in Sep/Oct 2022. However, B2RDirect hasn’t been provide any o...