So I know I need to establish an LLC to protect my families assets, but I'm a bit confused. Seeing folks setting up a holding company, Master LLC and sub LLC's below that? I know I'm not using the correct terminology,...
I have a tenant who says they are buying a house and must break the 1 year lease and want to move out November 1. (so it's not even 30 day notice! 12 days away?)They have just been here the 4th month. What do you ...
Hello All, I am about to sign an agreement with a property management company for two of my properties i just purchased out of states properties in Saint louis Missouri and i do concern with AUTHORIZATION paragraph, i...
So i've come across this situation for the 3rd time in 3 years of landlording. A tenant has financial issues and starts paying rent a week or two late every month. Then they tell me they are moving because they can't ...
Does anyone have property in a country they do not live in? This interests me for several reasons.1. My wife is from Brasil. She currently has land in her name, and will ultimately own a house there (shared with her...
Hi Guys,I Purchased a 1925 4 unit in 2013 for $140k as a bank owned property and house hacked with it as my primary resisdence. I now live in a singe family home with my family as of 2017. The rents were $500 in each ...
Looking for advice on best strategy/next step following sale of a home we owned in Florida as an STR.
Background: Sold 3bed/3bth home, have approx $600k equity. Funds currently being held by QI.
Option 1: 1031 into...
I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...
So, recent government order to stop evictions is basically an order to stop paying rent and live in our properties for free. In NYC landlords are about to go on strike and will not pay properly taxes in return. Are th...
Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...