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LLC formed for each property?
Hello;
I received come advice from an accountant saying for each real estate investment I do , form a new LLC for each. toughts? :pup:
Quy Huynh
10 single houses vs A 10-unit building
I've been torn between the follow decision.
A 10-unit building financed making 10% cash on cash annually
VS
10 single houses paid for in cash making 18% cash on cash annually
I want to obviously go the 18% rout...
Jason Foster
Seattle DADU questions
Howdy! I'm a homeowner in Seattle, and I'm thinking about building a DADU in my backyard, primarily for business use. I'm a therapist in private practice, and generally see just one client at a time. I have a few q...
Matthew Schroeder
Indianapolis - $1Bn Methodist Plan Could Spur Neighborhood Rebirth
Dear BP Indianapolis Real Estate Community,I would be interested to hear if anyone has a view/opinion (pro or con) on this week's article in the Indianapolis Business Journal (see below), which asserts that the neighb...
Mitchell J.
Dissolving HOA after purchasing up entire building?
Hi all -I own a condo in a 2 unit building here in Chicago. I have a potential opportunity to buy out my neighbor's unit, which would then give me full ownership of the building. My plan is to purchase the unit with...
Vasudev Kirs
Is lot/land for sale any worth?
Hello,I have been looking for single-family/multi-family for investment for past few months but having no luck. 1. Does anyone know if buying a lot is a good investment option? 2. Do they appreciate?3. I understand z...
Geoffrey Murphy
"Rebuilding America" What would you do?
Morning guys,
I have a question to all my fellow BP members. I could not find the thread for some reason so i figured lets construct a new one.
If you were to rebuild this country. What would you get rid of first to...
Larry Flanagan
How much should I be paying for tax returns?
I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
Mike Kedziora
Sell my property and make 70k or rent and make 700 a month
been on before asking this but my profit from my house has gone way up. My property can make me around 70k profit right now if I sell but also can make me about 700 a month from renting. I have a place to go live with...
Mark Gliebe
Best way to acquire adjacent property to develop into multifamily
So here is my scenario. I own an investment property in Louisville, KY and I am looking to acquire adjacent parcels (specifically 2) in order to develop and build 50-70 units. I have made contact with adjacent prope...