15 August 2024 | 5 replies
Currently, all of our properties are owned in an LLC but I am concerned that the legal protections of the LLC are not as solid as they once were.

18 August 2024 | 52 replies
I looked up some (4-5) of their flips (all by the same LLC) since I am familiar with several of the cities in their ad (e.g.
17 August 2024 | 17 replies
I use Goodlife reality LLC, they also do PM too. https://glr.managebuilding.com/Resident/PublicPage...ask for Jack Stone

16 August 2024 | 0 replies
I have been wholesaling and flipping properties for a while now out of an LLC taxed as an S-Corp.

16 August 2024 | 14 replies
Can you do this under an LLC and was there any fees for getting this started?

17 August 2024 | 8 replies
While Solo 401(k)s are still subject to UBIT, the absence of UDFI can simplify tax considerations and reduce potential liabilities.Structuring for Tax and Liability Benefits:While some investors consider setting up an LLC to loan money to a syndication, this approach is often overly complicated and not typically worth the effort, especially from the syndicator's perspective.

16 August 2024 | 4 replies
However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.

15 August 2024 | 6 replies
We will be creating a new LLC that will own/invest in the property.

15 August 2024 | 6 replies
It sounded like it can be easy to "pierce the vail" of an LLC for a personal injury lawyer to go after personal assets (they sue the LLC and then they sue you).