All Forum Posts by: Eve W.

I am getting my texas real estate sales person license, looking for broker sponsorship.

I have found couple of broker sponsorship online, such as champion, Texas home realty, they all have yearly membership and per transaction fee by tier. The fees are affordable.

I am just wondering is there any broker here or can be recommended is will to sponsor with the competitive rate and also willing to mentor in some ways?

Since the LLC will be the lessor, how is it going to be signed? Do I personally sign the lease contract as the representative of the LLC or do I need to get a seal for the LLC and use it on the contract? I am not sure how it work in practice.

I have a rental property under my name. I plan to have a LLC sign the rental agreement with the tenants. I am the owner for the LLC.

I will issue a management agreement between me and the LLC.

Do I need to present the management agreement to the tenants?

If the property title is under LLC and I am the owner of the LLC, what do I need to bring at close to show I am the owner of the LLC in order to sell the property?

Is property insurance more expensive for LLC hold property than personal hold property?

When flipping a property, do you count short term captial tax gain 30% when you decide the purchase and sale price?

When flipping a property, do you count short term captial tax gain 30% when you decide the purchase and sale price?

If my name is on the deed instead of the LLC, can I sign the lease contract with the LLC name instead my name and have the tenants deposit the monthly rent into the LLC business checking account?

The deed is under my own name since I am personally liable for the loan.

Can I have my tenant make the rent payment into my LLC business account? thanks

I setup LLC in TX. What tax do I file? Franchise tax? I think the threshold for gross income is setup at $1,000,000. If I sold property at $1.5M, profit $200K, do I need to pay franchise tax on the LLC?