Hi I am trying to sell my house off market to a neighbor of mine. He is a contractor/ remodeler who wants to turn my house into his first rental. He has been been denied approval from the lender he is currently wor...
Hello. I am finding so much conflicting information online regarding which entity to use for wholesaling real estate. I was going to get an llc, but my cap suggested a GP with my wife. He claims there will be less tax...
Executed a 1031 exchange last year. In looking at draft income tax return, I queried cost basis for acquired properties. Accountant said that 1031 carries cost basis of relinquished property to acquired property/prope...
Hello:
I'm forming an LLC and I find the operating agreement a very simple paper that proofs my ownership, it's very easy to fake. How do I prevent someone to print a different OA and operate on behalf my LLC?
I'm n...
I competed a pre approval application and selected primary residence and got the approval for my desired amount. Our primary residence is solely in my wife's name. Can I use my primary residence loan to buy an investm...
Hey everyone, i'm currently trying to get my finances in order to purchase my 2nd rental property. I work as a carpenter and 40% of my income is paid under the table. I also do cash jobs on weekends and evenings. My l...
Here are mine:
US economy does not improve.
Egypt blockade of Gaza entrance spurs new rocket launches, bringing Israel into new milita...
Looking for a CPA with strong business evaluation / valuation skills. Currently looking at new investment opportunities and would like to have a CPA review the financials provided, conduct an evaluation (poke holes in...
Hello all - Say I have a home that I live in and quitclaimed it to a trust or LLC that I created. If a tenant cannot be found to rent the home and I decided to rent from the LLC or trust at a lower rent/loss, could th...
Please, help me to identify the possible refinancing options for my rental. The problem is that I don't have a regular job at the moment, and I am just managing my only rental property. Will a conventional lender give...