Adriana Cortez
Prime Corporate Services
27 November 2024 | 4 replies
Hi Everyone, I just found out about Prime Corporate Services (PCS) and had a phone call with them recently where they give their presentation.
Guillaume Vidallet
Setting up LLC in my State or out of State
17 December 2024 | 11 replies
If you do you may run the risk of piercing the corporate veil of your LLCs making you personally liable for business debts.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
Rental income flows through to your personal tax return unless the LLC is taxed as a corporation.
Chas Lumley
Umbrella Insurance policy.
9 December 2024 | 5 replies
In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well.
Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
My "day job" is in digital marketing (corporate, not "influencer"), so that tends to be my sandbox ;-) Thanks John!
Xavien Rafael
The Benefits of Using an LLC vs. S-Corp for Real Estate
11 December 2024 | 0 replies
Without solid credit, even the best structure can be challenging to leverage.Curious to hear how others in this community are structuring their businesses—are you sticking with an LLC, making the jump to an S-Corp, or considering something else entirely?
Tanya Maslach
Corporate / MTR data in Columbus
25 November 2024 | 2 replies
Hey Michael,Appreciation potential due to economic dev/population growth/job growth.MTR / Corporate rental ratesMore velocity potential on our $$ in 2025.
Veronica Taylor
NYC......Eric Lee —fake listings?
14 December 2024 | 11 replies
HelloHas anyone had experience with an Eric Lee from Sowae corporation?
Bao Vu
Question regarding Tax on a Flip
12 December 2024 | 10 replies
This may include self-employment taxes as @Kevin Gonzalez mentioned, but this can depend on if you have S-Corp or not.