I'm renting an apartment in an area where bad credit applications are typical. Got an applicant who presents professionally and has a good income. Was strongly considering the app, but did a complete background check ...
This is my first investment house. I am closing a new house in 2 weeks. When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be lea...
After way too much frustration, I decided to switch property managers, but the process has been a nightmare. The old property management company said they needed 45 days to close out my account. They did send me the f...
Anybody have a template for an operating agreement for an LLC or care to share theirs with me? I'm getting a loan through US Bank and they want to see operating agreements for my business LLC and the LLC that'll hold ...
Hey guysI'm wondering if there is a way I can increase my efficiency or improve my money management system the way it is. For those of you that have full-time jobs (non-real estate) and do this on the side - how are y...
The reason is because its a Fannie Mae property I have to have the contract in my name. I spoke with an attorney that told me that the only way to transfer it into my LLC is to default the loan. This doesn't sound l...
Hi everyone, I'm looking for any legal references that can help me answer the following questions and provide guidance as to whether this approach is sound or needs adjustments: -What is the entity structure for manag...
I formed my business as a LLC in November 2022 my accountant then formed an S-Corp with the same business name in march 2023 NY state back dated my S-Corp to November 2022 I didn't know I needed to open a new bank acc...
I'm buying a property under my LLC and the title company asks which address I would like for the deed and municipal documents.Should I provide them with my home address or my LLC address? Not sure what are the implica...
Are some LLCs exempt from submitting this info? In particular, sole proprietorships? Does anybody know? Thanks.