Good morning,I close on a house tomorrow but the mortgage is in my personal name but the financials come and go from the LLC (monthly rent, closing, all expenses, book keeping). Will that income reflect into me at the...
Purchased a home that we are going to move into an LLC. We plan on opening a credit card in the LLCs name to pay for the recurring expenses. I started doing a little bit of research but I wanted to see if anyone here ...
My parents built a home in 1999. It's appraised at 430k. They have been battling foreclosure for well over 5 years. Just barely scrapping by to keep the loan current the best they possibly can.They owe $141k on the fi...
Hello All,
I'm curious to know if you wanted to start a Limited Partnership to invest in notes and/or tax liens, is that something where you would need to register with the SEC or some other regulatory body? Whether ...
I'm excited about taking the first step and figured I'd share!!
Upon walking in and asking for open probate files, I expected a confused look, a "well you can't have them because...", or a "be more specific". Intere...
Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
I'm sure this is obvious and I'm overthinking it. My husband and I own a home in our names. We have an LLC that we use for management and marketing purposes (example, this is the EIN listed with AirBNB). When the leas...
The consensus seems to be that a WD is better than using a quitclaim. Is this something I need to pay an attorney to do or is it fairly straightforward and something I could do on my own to save money?
I have been involved in Pace's Subto community for over 2 yrs and it has just become better and better. I was a little apprehensive about the cost because I have been in other mentorship groups which did not really de...
hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?