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1. If I'm registering an LLC outside of my home state, are registered agents basically mail forwarding services?2. For my LLC, is it important to get a mailbox separate from my personal mail, as to avoid the "alter eg...
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I have read where other REI's have operated under an LLC which is umbrellaed under an S-Corp for tax purposes. I am in the process of pulling my RE properties under a "business" entity to separate my personal busin...
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Can anyone recommend a CPA in Illinois to help with advising on best Corp structure for tax purposes in Illinois? Thank you in advance!
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Hi all. We sold a house on a contract for deed. Now their tax person needs our social security numbers for tax reasons. I would rather not have my social out there on every tax form of every person I sell to on a cont...
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Has anyone tried knocking on the door to the owner of a vacant property? Pros? Cons?
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My market (Charlotte, NC) is flooded with the "We Buy Houses" signs. My question to anyone who has the experience, is it advisable to go visit the homeowners directly and offer to "buy them out" of the mortgage so the...
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Another general question :)For those that have serious wholesale businesses, in your opinion what percent of money do you spend for all your expenses, marketing, selling, equipment, office supplies, gas etc. etc., not...
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I have a prospective tenant that filled out an application.However I need some advice on qualifying this individual.The current rent is 3600The applicant is a family The Spouse doesnt work The main applicant gross W2 ...
I am in the process of saving my down payment + cushion funds for my first investment property. While I work on that for another year or two, I am focusing on learning how to get started looking for, choosing, purchas...
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My tenants called and the washing machine motor went. I purchased a new one at Home Depot to have it delivered and installed, but it is a week out. The tenant wants to pick it up as it will cost her 30.00 to go to the...