Dennis Nikolaev
timing to form an LLC
I'm about to buy an STR (Airbnb) just outside San Diego. I believe it is a good idea to set up an LLC for that property (as there are many people going through, slip&falls may happen more often).If I plan to close...
Christopher Brown
How to fund debt for a 1031 if I don't have the DTI?
I am preparing to sell a condo that I've owned and rented out for the last 15 yrs in NYC. It has appreciated quite a bit, but the cash flow is just ok, and I think that I would like to deploy all the appreciated equi...
Ilona Kovacs
Acquired Tax Deed Property in FL: ? about liens on property
I acquired a tax deed property in Winter Haven, FL in August 2017.Before I acquired it I paid off all the taxes to bring it auction.Both me and the county did a title search and research on the property and there were...
Lucas Pfaff
3 Trinities w/Seller Financing in Central Philly
Hi All,I have the opportunity to purchase 3 trinities in the center city/bella vista neighborhood in Philadelphia but I'm having some trouble analyzing the opportunity and putting a value on the buildings.Note: Trinit...
Brian Scott
Refi question FHA to Conventional
Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...
Roland Stone
Anderson Business Advisors
Anyone on here get on board with Anderson Business Advisors? For llc, land trusts, or living trusts? What are your thoughts?
Carolyn Hodo
Taxes on rental property with fiancé
Hi all,This year, my fiancé and I bought and moved into a house, and started renting out the old house. The old house is in just my name (the new house is in both our names). Both our names are on the lease as the lan...
Matt W.
Noob dumb tax question.
OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself. In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...
Dan D.
The two step guide to creating real estate wealth
I've read a lot and listen to almost all of the podcasts. I've analyzed numbers, and to me it comes down a simple two step program for success. Any more that this, and you're getting into the weeds.Step #1: Buy a n...
Kyle Clark
Need Urgent LLC Advice
Yes Im cluttering this board with another LLC question.
Im dreading having to pay $800++ to california for a LLC. Id rather take that and spend on marketing. So Im looking to setup a LLC out of state for now. When I ...