Jacob Bopst
Under Contract, Created My LLC, How does my LLC buy this home?
Hello all you lovely real estate people!
I'm under contract on a property and I have signed this contract with "My Name and/or assigns". I have created an LLC for this property and I need to buy the property with th...
David Walkotten
1031 Exchange question - different LLCs/ownerships
Hi CPAs familiar with 1031s, I have a question.My business partner and I may want to do a 1031 exchange on 2 real estate properties. Here is the scenario: 1. We're Selling a duplex for ~$115k from my partner and my jo...
Delin W.
single member LLC -- in husband's or wife's name?
Just thought I'd run this by everyone:
Husband has a day-job and wife manages the rental properties but does not draw a W2.
In setting up the LLCs, are there any pros/cons to setting things up in one name or the ot...
Jake Sink
Sample Rental Analysis in Jacksonville, Fl looking for feedback
Recently I have taken Brandon's advice and started to analyze rental properties every day just so I can become comfortable with the process and the numbers so that I can pull the trigger when I have the capital to do ...
Preston Juskavitch
woonsocket rhode island
First off woonsocket is a tough market. I'm hoping to take advantage of this tough market in the long run. The reason I'm posting here is to shed some light on what i consider an opportunity for myself and others who ...
Randolph Adams
Remote Investing in Canada
What are everyone's thoughts on remote investing in Canada? I love the idea of it, but I don't know the market too well in or around any of the cities. Thanks in advance!
Account Closed
Some people hold title the wrong way
Hello BP. Thought this one was a tough one that only a CPA could figure out and a good learning lesson on how to take title. What will he/mom be taxed if they sell? Can taxes be avoided? Had someone come into my open...
Account Closed
Using personal savings to start business
Hello,My husband an I started in real estate flipping houses this year, we already had a corporation from a previous business so we are currently a corporation. We used our personal savings to buy our first property a...
Matt Gehrls
Church w/ unused parsonage in Bath, MI. May need creative solution.
I won't go into too much detail because the details are not in stone yet and I have no numbers to use. I figured innovative strategies made sense as a place to post. If there is a better forum feel free to suggest.A c...
Marc M.
Pitching Seller Financing for Estate Planning
Hi Folks,I'm wondering if anyone out there can help me get the 30,000 foot view of how seller financing could be an advantageous route for estate planning? My father in-law owns a 3-unit rental property that he's had ...