Is It difficult to set up a single person LLC when a big bank has the mortgage on the property in my name? My attorney says theres no problem setting it up even when the mortgage and deed are in my name. I just want t...
I'm a RE investor doing rehab/flips and operating out of a single person SCorp. My partner does the same thing. We take title on properties as our two corps with a 50% ownership share. It has occurred to me...
What i...
I met a wonderful potential tenant who filled out the application with good credit and passed the cozy background check.However, her monthly income she receives is from social security and her assets are a small IRA a...
Hello, I have a payroll company but I am having a hard time finding the form that tells me how much $$ I can write off in corporate payroll deductions. Is there an easy way to figure this out, such as a form to look a...
Does anyone know who owns the most units personally? I know Donald Bren, Sam Zell, and others, but they own a portion of a company that owns the units. Just listened to Grant Cardone podcast and I don't think I have h...
I have a small sf home for rent which is only 500 square feet.When prospective tenants call me and ask questions, I tell them the place is very small, only one closet for storage, really just big enough for a single p...
An elderly member of my immediate family had their primary residence hit with mold and other issues due to a leaky water pipe while out-of-residence. Insurance will cover some, but not all of the cost. After mold re...
Hi, this is kind of a regulation / loan question. I am looking for a strategy to acquire a 400k property via conventional loan (%20 down)I have 40k (seasoned) cash, and so that would put me at 200k purchase price. (I ...
Hello everyone, I bought an investment property (duplex) in Cleveland in October of last year and I am planning to transfer it to LLC owned by myself. Need help with that.
Hi all, Here is my situation:1) Married, filing jointly, living in Texas2) We, married couple, owns the rental property in our personal name (also in Texas)3) We route all rent income and other craft related income re...