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What is a typical schedule when withdrawing funds from an LLC? Would it be monthly, annualy or does it matter? Secondly, what do you title them in your checkbook?
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I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
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Howdy. I'm looking for recommendations on which vehicle I should use to stash some funds to be used at a later time. Let's say it's more than 10k but less than 200k. A friend suggested municipal bonds but I'm not sure...
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I think I'm finally ready to move into a few rental homes near my house, and diversify my investments. Hopefully, there are people here with answers.
1) I am thinking of homes in the $125K range (homes are cheaper i...
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My in laws gifted my wife a lake cabin property. It is currently in her name legally, but remains under the 5 year lien window for about a year which would allow a healthcare provider / assisted living etc to access ...
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I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...
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Hey y'all. I'm Kurt and boy do I understand the phrase "you don't know what you don't know" because, well, I know so vanishingly little about real estate investing that pretty much everything is a recursive "don't kn...
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Here is the deal. I was the winning bidder at the February foreclosure auction. As I went to pay the trustee, a relator approached me and advised me that it is his clients house and that the client filed bankruptcy ...
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I just got my property tax notices and my jaw nearly hit the floor. I invest in Texas which is a non-disclosure state which means to the best of my knowledge the appraisal district is not discolsed the sale price. I n...
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As someone who has paid to go through multiple real estate training programs and mentorships, I'm curious to know your thoughts on what I have experienced, observed, learned, and discovered in the past few years. Here...