Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

292
Posts
102
Votes
Pari Thiagasundaram
  • Lender
  • Fremont, CA
102
Votes |
292
Posts

How have you structured your note business

Pari Thiagasundaram
  • Lender
  • Fremont, CA
Posted

Would like to hear from my fellow investors who have invested in notes on how they have structured their LLC/S-corp. Please see that i am not looking at any tax advice or anything but am curious to know what was the thought process that went in to structure the corporation.

- LLC Vs S-Corp - Why?

- Did you guys file Form 8832 to be taxed as S-corp. 

Most Popular Reply

User Stats

1,723
Posts
1,451
Votes
Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
1,451
Votes |
1,723
Posts
Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Replied

We use LLCs since they are relatively simple and the lowest cost entity to create both from a legal standpoint as well as state registration fees. LLCs allow for pass-thru to members for tax matters as well. 

http://www.nolo.com/legal-encyclopedia/corporations-vs-llcs-29025.html

Loading replies...