If the borrower is directing the funds to an LLC or self directed IRA would there be any potential problems down the line, for example if there was more than one person in the LLC?

Hi. We have a large lake house in the midwest that attracts multi-family stays from Memorial to Labor Day.  This past summer was our first year, so to test the market we had a 3 day minimum, and we filled every weeken...

Piggybacking this great post:https://www.biggerpockets.com/blogs/5070/37244-103...Question #2: Can my spouse and I sell a property that we own personally and buy a replacement property in a LLC that is owned by both o...

I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K.  I understand that the 401K is not subject to UBIT but I don't kno...

I'm interested in knowing who here invests in Alabama? The laws are very favorable here for the investor. I look at properties all the time down here and come across many opportunities. I have good contacts for contra...

I'm not sure if this is the correct category to post to - please let me know if I need to post elsewhere.I found a house that I very much wish to purchase.  However, the seller is an elderly woman with significant hea...

Hey guys,I have about 55 rentals but most are smaller units. Typically on my pro formas I don't figure in depreciation tax savings. I am pulling the trigger on a much larger complex, though, and the depreciation expen...

Hello, REI'S! Hope everyone had a great holiday!! Enjoyed some good food and fireworks displays! I have a question for the community: When I first decided I was going to get into REI back in January of this year, I se...

Hello,I'm new to this community, and value the knowledge base here! My husband and I own 2 rental properties (1 has been rented for 10+ years, and the other for 1+ year). The newer property just isn't cash-flowing the...

Hello,I own a single family rental home in Memphis.  i bought it and financed under my name not knowing any better (in 2015).  Looking now to put it under an LLC (which I have already), but my current mortgage holder ...