Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the ass...
Collin Hays
Games Insurers Play
I've had a property insured with American Modern for a number of years. In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...
Sandra Shpilberg
Legal Structure: LLC or C Corp
The first property I bought, I bought it titled to my Revocable Trust. As I grow my portfolio, am I better setting up an LLC or a C-corp? I'm interested in your experience with either type of entity.
Roberto Westerband
LLC taxed as S-Corporation - Tax Provisions
If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
Tejas Paruthooli
Ideal Number of Properties Per LLC
My family owns and manages ~15 properties in Illinois. About a third of these properties are fully paid off, and we are looking to create an LLC or Series LLC for them. We do have an umbrella policy in place for all o...
Marc Shin
Dishwasher, clothes washer, Clothes Dryer
Hello,I have a 1/1 and a 2/2 STR. Are Dishwashers, clothes washers, and clothes dryers really necessary in the 1/1 and 2/2 STR's?
Solon Stratton
Direct Mailing (sorry, I realize this has been asked many times)
Hello, I realize this has been asked many times before. I will break this into four parts. 1. Can someone could clue me in on the certain criteria that I should use for direct mailing? I use "listsource." I am startin...
Thomas Keigwin
Flex Spacing New Build
Good Evening!
Looking for some general advice on getting into a Flex Space new build deal within the Southeast. Where to start? What are some realistic numbers on upfront $$, creative financing, carrying costs, e...
Chan M Stagg
rent to own properties
I was looking for some answers to the generalized subject of renting to own a property to a buyer. My two biggest questions are, is it legal to do this on a home that has a mortgage or line of credit attached to it? A...
James Masotti
Attorney costs to setup LLC
While I know this is wildly different across states and formation types and the like but...anyone have any sort of guidelines on what an attorney should cost for setting up an LLC? I'm focused on Delaware, but I imagi...