Matt Boerlage
Texas Operating/Management Agreement for single member LLC
Dear all, I would like to create a Single Member LLC to hold a long term rental property in Texas (I am living is Texas). Texas has no requirement for an operating agreement, but I would like to have one as I hear the...
Phuong Uyen N.
Capital Gain Tax Exemption
Hello BP,
Please give me your advice on this:
I have purchased a property under my LLC. The property is located out of the state from my Residence-Address (Address on Driver License). I have primary been living in...
Praveen Kumar
Interest on HELOC deductible if used for investment down payment
Now that the interest on a HELOC isn't deductible on a primary anymore, I was wondering if it could be deducted as a rental expense if used as a down payment? I'm about to make an offer on a single family home using f...
Armand P.
How taxes are paid from a LLC
HelloI live in Bay Area and want to open up an LLC in Missouri with a few partners. My question becomes do the profits from real estate investments go into the LLC account first then get distributed after? Also, would...
N/A N/A
When does Residential become Commercial?
Hello all. For some reason I am thinking that I heard somewhere that anything over 4 units is considered commercial, but my realtor told me that anywhere someone lives is considered residential, no matter how many un...
Account Closed
Starting REI business with friends - LLC or not?
My friends and I are in the process of purchasing our first real estate investment out of state and planning to finance the investment through a bank. Each of us are bringing varying degrees of capital and sweat equit...
Marilyn Thompson
USDA Loans for Multifamily
Anyone out there used a USDA loan for multifamily units in rural areas? Success or not?
Jim Miller
Preparing to purchase a 10-20 unit multi-family
Walk me through the order of organization for the purchase of a small multi-family home (10-20 units)
I have purchased several single-family, commercial, and duplexes before and have always taken ownership in my name...
Alex U.
ADU Design Fees
Typically if an architect is designing a duplex ADU, with the same floor plan on the top and bottom. They may charge $8-12k.
If this design was going to be replicated 8 times, ie 16 units total, what is a fair cos...
Leo R.
How much cashflow is "enough"?
I'm interested to hear how much cashflow investors think is "adequate"--given various other relevant factors (such as the number and grade of their properties, the equity/leverage position, the total valuation of the ...