Jay Jo
Wenatchee RE Lawyers
Hi Folks,
I'm starting out with some rental properties in Wenatchee Washington. I'm trying to get ahead of the curve and looking for any recommendations for decent RE lawyers that serve Wenatchee area. While I don'...
Chip Chronister
Using IRA Money to build new homes
Has anyone uses IRA money for a new build then sell it off on owner financing?Thanks
David Swatch
Franchise Tax in California
I am flipping a property in ca I bought in November 2015 . Escrow lady told me I have to pay 3.5 % franchise tax because property is under my name . Is there any way I can avoid this tax any suggestions will apprecia...
Chris Sullivan
Start a Corporation or an LLC
My partners and I recently met with a small accounting firm to discuss which type of business is best for Flipping houses. Going into the meeting we had thought an LLC was our best option based on a lot of what we hav...
Adam M.
Mutlifamily Question
A couple questions about a mutli family. Say Im going to buy a duplex and live in one side and rent out the other. If i create an LLC that owns it, do i have to pay rent to the LLC for living in one side? How does ...
Dirk J Mc Kenzie
Is it illegal to go into REI if you are not a citizen yet?
Is it illegal for me to go into REI if I am not a citizen yet? I have heard so many horror stories of people losing their down payment etc etc because they are not citizens yet. Any help would be greatly appreciated!
Edward Park
transfer tax from s corp to multi member LLC
Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC...
Axel Meierhoefer
9 SFR, 9 locations, 18 bank accounts - or how to manage?
I am about to dive deep into a 1031 exchange and the end result could be 2 SFR in 9 locations compared to my current 3 SFR in 3 locations. All my properties are turnkey managed. So far I have always had individual ac...
Alan Davidson
Separate LLC vs One LLC
Trying to find an article about putting each rental property into a separate LLCs or putting a group of rental properties into one LLC.Just looking for pros/cons of each approach. I've heard there are differing opini...
J Scott
J Scott's Starting Out FAQ
In another thread, Josh suggested creating FAQs of topics that are often discussed/asked by newer investors on the site. While this isn't inclusive of the awesome contributions by hundreds of other contributors here ...