I am interested in purchasing a 4 family unit using FHA loan. I will occupy one of the units as primary residence. Is there way to own the property in a LLC or other liability protection vehicle with this set up as I ...
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Ok, so hi, I'm new to these forums... :-)I live in NY and I want to form an LLC in NJ. I will be moving to NJ in Oct/Nov anyway but mainly because, as we all know, NY has the ridiculous law that forces you to "publish...
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Good evening guysI live in CA and wants to invest out of state purely for cash flow after BRRRR what market do you suggest?My budget is 100k for the purchase and remodeling all together, I plan to use cash to fund the...
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Hello I have a buyer who will be using a va loan for the purchase of his primary residence. I am trying to help him with a strategy to provide maximum anonymity for ownership of the primary residence. Does anyone have...
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Hey Everyone,Quick newbie question. I'm from NJ and I am looking at a commercial apartment building in Illinois. I have yet to form my LLC because I am a little confused as to whether I need to form it in Illinois o...
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So I have a thought. My primary residence can I put in my business name and rent it to myself? This would be a huge tax advantage.
Daz
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If I sell a house that was a rental for 2 years, can I use the profits to purchase a personal residence (without a capital gains tax)?
Rental House: sell for $200k (gain = $50k)
Sell through a 1031 exchange?
Purchase...
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Hi All,
I'm looking to use equity from my primary residence to potentially buy a new primary residence and rent out the current place. I've been told by a lender that I can't refinance my current property as a PRIMA...
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Hey guys, my wife and I are purchasing our first home. It is currently tenant occupied and we plan to let the tenants stay for 3-6 months after we close. We are also considering letting the tenants stay a full year be...
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Hi. I have a question that has many moving pieces. And I am hoping someone on here with mortgage underwriting experience can help me.
-Married
-Own a house and 2 multi family properties currently leased. All 3 on...