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Looking for a mentor to help guide me through my journey as a new real estate investor. I live in California, but am looking to purchase my first single family rental property in Memphis, TN. I believe I have found a...
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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...
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I am buying my first rental property. I have no dept and my net worth is about 150K, and I would like to keep it that way. Questions are 1. Do I open an LLC to protect my personal assets? If something should happe...
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I have a Series LLC I use to collect income for my consulting business, but the income goes to my personal checking account. If I created a child series to hold an investment property (not collects rents though, just ...
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My partner and I have been "off paper" partners for almost a year... Now we are ready to make it "official"... Our current focuses in real estate are buy and holds and wholesaling. Our primary reason for getting the ...
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Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...
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Hi everyone, I am about to create my first (Florida) LLC. My first investment property will be a SFR and loan will be on my name only (income reason). I was told by one lender that the property has to close on my na...
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Hello Everyone!
I purchased a duplex and both units came with tenants. When I initially took over this property over the rent was incredibly low compared to market rent comps.
I gave the one side on a month-to-mont...
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as a beginner, I feel like I have done extensive research on strategies that I would like to use, the pros and cons of those strategies. but haven't really looked into who you would consider to have on your team to he...
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Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...