Hello, I have 6 rental properties under an LLC that is equally owned by me and my soon to be ex wife. We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If w...
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We have 3 LLCs, one of which is a Series LLC. One of the three is the managment company owning no assets. All rents and expenses go through this LLC. The remaining funds are then sent to the other LLCs that own the p...
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I am currently living in a condo with a roommate helping me pay my mortgage. I re-did the kitchen, floors (hardwood), bedrooms and finished the basement. I am looking to use the equity I built in this condo as well as...
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Background: We own a few rental properties, some being right next to each other on one road. Our commercial property we rent back to ourselves is one of them in this strand, so we know the surrounding neighbors fair...
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Looking to start a thread to discuss current events in RTP/Raleigh-Durham and it's impact on local real estate. We clearly see an uptick of demands & low inventory. Especially with investment properties, it's hard...
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How do yall feel about buying a rental property all cash? This will be my first investment and im wondering if it will be a good idea. I am fortunate enough to work a job I love that makes me a decent income. My plan ...
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Hello,
What is the difference between the two or are they treated the same by the IRS? I keep getting different answers and I just wondering if someone could clarify.
Thanks,
Lauren :lol:
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I'm trying to decide weather or not this house will be a good investment for me. It can be purchased for $22,100 And it will rent for $600 per month. I estimate it needs $5,000 worth of fix up to make it rentable. Ta...
Hi everyone,My husband and I are Canadians who recently moved to California for work. Our jobs do not offer 401Ks and we were advised to sell our Canadian TFSAs (similar to U.S's Roth IRA) because the U.S. will not re...
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Hello,I wanted to see if people had ideas on how to get a loan or how to work around the fact that I am a 1099 employee with only 6 months of income statements?Background- I have been an entrepreneur for the last 4 ye...