Hi all! I have property in an llc that I would like to put some short term rentals on. The llc owns 40 acres and I'd like to purchase 20 of that for some cabins I'd like to short term rent out. Looking for long term g...
Hello Bigger Pockets, I’ll cut to the chase and keep it short. I am in the process of securing funds to start my investing journey and I sat down to discuss it with my CPA before my wife and I make any purchases. She ...
My LLC is in a JV on a build (LLC owns the lot) Provided this goes well, my partnership will expanded to include a build on my next lot (owned by my IRA). I want to flow money into my IRA, but want to flow money into...
When I was a young boy in Santa Cruz, California I used to help my grandfather in the fields by his home. This was not his land but back in those days it was not unusual to barter with the neighbors to work it for the...
Has any body dealt with Richard Smith Enterprise LLC?
I'm looking for an investor friendly GC or alternatively, a Project Manager (doesn't need to do the work, just oversee project, timelines, visit property, etc.). Any recommendations around Enterprise area? Dothan co...
Anyone here in the Dothan, AL area?
Hey everyone, I'm curious what the actual process is for this. Do you go to the bank and get financing for your LLC (to purchase a property) and then sign a personal guarantee? Or can you get financing yourself and ju...
It seems to be apparent that it is ok to request money from a hard money lender. I don't want to make assumptions however. If it is ok to request money from a hard money lender, why? Why is this not considered a gener...
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...