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All Forum Posts by: Henry Thai

Henry Thai has started 3 posts and replied 3 times.

Hello SoCal BP members,

What are your favorite meetups in SoCal for the commercial and multifamily space? I am a new investor looking to learn and network with other locals. Currently in learning mode, but would love to get hands on to accelerate the learning process so looking for meetups receptive to newbies and those eager to learn and connect.

Thanks in advance!

My siblings and I want to pool our savings together to invest with a syndicate. We are thinking about setting up a holding company structured as a general partnership instead of a LLC to avoid California taxes and fees. But, will one of the partners have to pay self-employment tax?

Also, we plan to use this holding company for future investments, but do not intend to keep the same partners split. Could we use the same holding company? Or would it be easier to just start another one?

Thanks in advance to anybody who has any insight to my questions above!

Post: Newbie from Socal LA & OC

Henry ThaiPosted
  • Tustin, CA
  • Posts 3
  • Votes 2

Hello BP community! My name is Henry and I am located in Orange County. I am new to real estate, but recently obtained a real estate salesperson license just to have in my back pocket. I currently work for a protein bar company in Los Angeles leading the sales analytics department. I discovered BP through my bro-in-law when we talked about passive income and wealth for the future, which is what I hope to accomplish with real estate. Looking forward to connecting with the BP community!