Wayne H.
Selling your primary residence to your LLC.
I am wondering if anyone has ever purchased (not transfer, purchased ) their primary residence that they were currently living in using their LLC? If I can get an investor to loan me the funds, I would purchase my pri...
Tom Voss
Utilizing 401k Rollover to fund a Self Directed IRA
So here's my issue... I'm open to any suggestions or ideas.I've made an offer on a property that I would be purchasing with cash via a self directed IRA. The IRA is a little short for the purchase and repairs that wo...
Brian Wobbe
Opinions on a rental partnership
I would like to hear some opinions on partnership agreements from some BP veterans that you have used. Or what agreement you would consider.
Two people would like to purchase a rental house. Person A will deal with ...
Jason Thomas
How many rental properties should be held in a single LLC?
I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...
Dylan Hall
Homeowner Partnership
Hi everyone,
I've been thinking through an idea that likely has many issues, but I am hoping to get feedback on if you have time and are intrigued. If the idea proves desirable, I am interested in trying to create a...
Steven Hornstein
Dealing with contractors for the first time
Hello all,
I am a first time home buyer and will be using the strategy of living in a piece of property and renting out additional bedrooms through Airbnb to help cover the cost of the mortgage, and hopefully make a ...
Chase Cadle
Mortgage Payment and LLC
Hello,I have a question I'd like to ask for clarity. A buddy and myself have started an LLC for investment properties. We recently closed on our first property this month! To get a better loan, I put the loan / mortga...
Steve W.
Inherited Tenant - Rent Relief - Notice
Hi Everyone,
I have a tenant that has requested rent relief through the Virginia Rent Relief Program. This tenant is on a month-to-month lease and I was planning to serve him notice to vacate due to the fact that he...
Brendon Chui
Best Places to Obtain Rental Information
Hi All, I was wondering if anybody had some reliable resources to get an idea of potential rental rates for Canada? I know Craigslist and Kijiji are 2 sources. Are there any more professional websites that can prov...
Jessica Seppo
Tax Question for Primary Residence
Hello!My question is if you sell your primary residence before the 2 year mark, can you still have your adjusted basis to avoid paying any taxes since it would be a breakeven or loss including the improvements made. I...