Victoria Torres
LLC in Maryland.
30 December 2024 | 2 replies
I am creating a LLC in MD and am looking for a Resident Agent.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
I wouldn't even have known about this law had I not been on the Secretary OF State's website setting up a new LLC.
Tiarra Delaney
New to Real Estate Investing: Advice on Next Steps for Cash Flow and Business Setup
25 January 2025 | 6 replies
The reason I ask is if you're starting a "non-real estate" business, I'd recommend NOT using that business to buy any properties but use a real estate specific LLC to acquire your properties.
Mark Sullivan
Add to the Portfolio or Swap
20 January 2025 | 12 replies
Currently own two properties under different LLC.
Alex Patton
Refinance DSCR Advice
28 January 2025 | 12 replies
We currently own the property free & clear.This is what we're looking for:Credit screening for Primary Guarantor partner only (81% ownership stake)Minimum 75% LTV on refinance, we've heard of 80% LTV on a DSCR purchase but haven't been able to find anyone to do that on a Refi0% Origination feeTitle in LLC name
Ben Schuster
Advice & Feedback - Building Engaging Investor Lead Magnets
6 January 2025 | 0 replies
You can find us online.Current Ideas: Video Series on Passive Investing in MHC, Tax Benefits of MHC, Investing through 401k etc.
Polat Caglayan
What do you think about the future of Detroit?
12 January 2025 | 10 replies
Every Market (Detroit) has a series of Micro-markets (neighborhoods) of which they are all different in cost, value, cash flow, rents, etc...
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
LTV dropped to 50%. 30 yr fixed @ 4.3% LLC (2)• Investment condo - new construction high end purchased in 2019.
Diego L.
Which type of Trust is better
24 January 2025 | 3 replies
My wife has 2 rental units and I have one rental unit, each rental unit is in their own LLC.