All Forum Posts by: Jonathan Carrera

Hello everyone. I am looking for property managers located in Illinois?? And it would be great if the property manager is located in Chicago! I may a great opportunity of your interests

Thank you

Jonathan Carrera

@Scott Mac 👍

@Chris Levarek. This is great information. Do you have more information to set-up a cost effective “regulation crowdfunding” and accept capital from non-accredited investors? And the most cost effective funding portal ?

Thank you 

Jonathan 

I want to buy a 16 units multifamily but the majority of the funds for downpayment will be raised from investors. If I raise $400,000 from 200 investors, would this create an issue with SEC laws ? The approach will be a manager-managed LLC with a general partner and 200 limited partners. Thank you

@Bobby Wallace I sent you a friend request. Would like learn frOm you. Thanks

Looking to find equity partners and want to know the best place to find them. Facebook group ?? Instagram ?? Website ?? Please share your thoughts and options. Thank you

Has anyone purchase an online class from marco kozlowski ?? I am interested in his method of acquiring properties and I wanted to reach if anyone has any materials from his class. For example, purchase agreements

1. LLC treated as partnership

2. LLC bought a residential real estate property for $60,000 January 1, 2018 and the property has increased in value $100,000

3. LLC wants to do cash out refinance with a new mortgage of $80,000 ( 80% of $100,000 )

4. LLC has taken two year depreciation as following: 2018=$2,182 and 2019=$2,182 where ($60,000/27.5 years = $2,182 and for this example assume land value which is non-depreciable is already taken out of the property sale value)

5. Property basis is $60,000-$2,182-$2,182=$55,636

6. Does the property basis increase due the new mortgage of $80,000 ??