I realize this question is incredibly vague and depends on a whole plethora of factors…In general, what benchmark or criteria did you use to feel financially “comfortable” investing in real estate? I graduated last Ma...
trying to find the owner of a property in ny. I see that it's owned by an llc. I then check the state department of corporations website and lookup the llc however it doesnt list the members names so it's not clear ...
I’m a little cloudy on the specific tax Benifits you get from owning rental real estate. So please correct me if I’m wrong....I bought a 4 plex this year with a VA loan, it’s considered my primary residence. I don’t m...
Based on the podcasts, I understand that it's advisable from a Liability point of view to have a LLC for each of the investment properties. But, as a beginning investor, I was told that a new LLC will not qualify for ...
I have had a couple of discussions with a private lender and have a couple of questions to put to the group.The basics:The lender provides funds to cover the down payment and reserves for minor repairs on 2-4 unit pro...
I was on the phone a couple of weeks ago with an investor who took the advise of his attorney who was not educated on Subject 2, The investor bought the property a little over 5 years ago, gave the seller $25,000 for ...
I am purchasing a duplex in the next 2 months. Should I form an LLC to protect my personal assets?
The Measure of Our Worth
The measure of our worth is not what we have done for ourselves;
but what we have done for others.
There is more to life than personal accumulation, building wealth, and cash flow.
Less deb...
Whether you own real estate in your name, an LLC, corporation etc can you please fully explain with an example how you manage taxes?for example let’s say you owned a rental property in an LLC taxed as a disregarded en...
I have just created an LLC with significant funds in it. My plan is to BRRRR properties and to buy turnkey rentals. However, no bank is willing to lend to a startup LLC. I have received dozens of rejections and asking...