Wilson Lin
Reinvesting LLC profits into RE
I currently have an LLC with another partner. We generate income through web and mobile consulting services. Is there anyway to reinvest that income into real estate as that LLC? What I'd like to accomplish is to be a...
Seth B.
Write offs for an Owner Occupied Duplex
Hi All,I'm doing taxes for 2016 and we have an owner occupied duplex that we lived in all last year (we bought Aug '15).Now I know people that are responding probably aren't going to be certified accountants blah blah...
Mike Miller
Business Agreement Help
My wife and I are starting our STR journey. We are under contract on a new build and expect to close in next few months. My uncle (retired) is helping with down payment and such but will largely be silent. Cash invest...
David D'Ambrosio
LLC doing business in multiple states
I have a question for the group. I already have an LLC in Florida that I own a rental under, and i want to buy another rental in another state. Can i just register as a foreign agent in the other state (PA) or do i ...
Hemray Kay
Structuring a partnership
I am in the very beginning stages of discussing a partnership arrangement with a young and ambitious individual who wants to get into the real estate / STR business. This potential partner has limited business and re...
Steve Wright
Repairs & Maintenance Deduction on First Rental?
Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
Lucas B.
Is forming LLC for my rental properties a good option?
I am currently owning two rental properties, and I am planning soon to expand my little empire by buying a few additional properties. I have done a little research, and it seems like there are many benefits of running...
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Help ! To become licensed or not ?
After doing some reading on this forum and others I'm now on the fence as far as getting my real estate license. The arguments that most people seem to make is that as an invester there is far too much liability in b...
Charles Press
Hire Prop Manger or DIY
Hi everyone,
Buying my first nvestment property. It is a 7 unit building, 100% occupied. Nice neighborhood, many tenets have a long history 5+ years. It's 30 miles and 35-40 minutes from my primary ...
Thomas Handy
It's September already, what have you done lately?
Last month was busy for me since I'm in school but I did get a few things accomplished.
I wrote about a real estate meeting that was held in Kansas City, Missouri and had a great time making contacts and meeting some...