I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...
Hello, there is an apartment complex and some single family homes. Ther is also own an LLC. None of the properties are finance through the LLC due to the difficulty of securing the loans in the LLC name. The LLC is...
If you have shares in a publicly traded company, their contribution to your net worth calculation is the number of shares you hold times the price per share. If you have a house, it’s contribution to your net worth ca...
Hi everyone!Im a newish veteran investor in San Diego. My boyfriend and I currently have a condo that we live in and two 4plexs that we purchased within last 2 years that are projected to cashflow total $6K when the l...
Hello - Has anybody recently encountered a challenge to find traditional lenders who will permit you to purchase an investment property through an LLC without steep premiums? In this situation, the mortgage is based o...
Hi - I recently started exploring the possibility of using my consolidated retirement funds from other companies to use for RE investing and have read about self directed IRA. Anyone done this ? I am looking for a nic...
Newbie question. Forgive me if already posted. I'm looking to start investing but am a bit confused about asset protection via LLC yet using my own funds and credit to purchase a property. My plan is to follow the BRR...
My wife and brother-in-law recently inherited their parents house in IL. They are 50/50 beneficiaries of the Trust that the home transferred to upon their mother's passing.
BIL want's to move into the house, but do...
So my llc is formed and operating business only in Ohio and as single member. But I lived in New Jersey. Would I get taxed from New Jersey or Ohio on profit? And I’m keeping the profit in the business to reinvest.
I've got a great tenant and would like their security deposit to earn them as much interest as possible. The problem I'm encountering is most of the high yield (> 4.00%) savings accounts I've looked into don't seem...