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Hey all, I need some creative ideas as it pertains to obtaining a loan as an LLC.I currently started an LLC and I am looking to obtain a loan for financing deals. None of the members in the LLC would like to put their...
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Does anyone have any advice on getting a residential mortgage in the name of my LLC? I went to a broker and they said I wouldn't be able to do it, that I would have to get the mortgage in my name and buy the property...
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I just found this site and thought it might be a good tool for me to use.
a little about myself and what i have been doing -
i work for a fantastic small company and have been here for a few years. we used to just ...
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Hello everyone. I’ve heard lots of good things about this forum and am excited to join. Quick real estate background is that I bought, lived in, fixed up and sold 2 foreclosures. I've completed my RE Salesperson sc...
Let me preface this by saying my ultimate goal is asset protection- that is my #1 priority. Now, moving forward I have an umbrella insurance policy, and will be opening an LLC for my current rental property. At ...
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http://www.npr.org/templates/story/story.php?storyId=88520025
I love this....classic:
"Some 3,000 scientific robots that are plying the ocean have sent home a puzzling message. These diving instruments suggest that ...
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I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...
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Hey guys,I don't have the money to be constantly buying LLCs for every offer I put on a house through a realtor. My mentor (who does lots of wholesale deals through realtors) made it clear to me that I need to be sure...
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Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...
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I had an interesting question for my cpa friends on here. My situation is slightly unique as real estate investing is slightly difficult due to my student loans. I have an exorbitant amount of student loans and my mon...