
8 August 2024 | 7 replies
Do you in the course of business sell other properties to other LLc’s for the same price as you sold to your LLC?

8 August 2024 | 2 replies
Can I do that or do I need everything under the parent LLC?

8 August 2024 | 5 replies
Looking to move my properties under an LLC.

15 August 2024 | 29 replies
The borrowers typically use an LLC on the docs and the personal guarantee is something I use just in case.

11 August 2024 | 99 replies
LLC orS-Corp.Don't be in the wrong type ofentityFirst – Asset protectionbenefitSecond – Tax savings benefit Rental Real Estate – 1031(same in LLC or personal name)Syndicate - 15% or more in taxsavings, self-employment tax (flippers may use this) Expenses for write off &deductions: equipment & appliances, home-office ($5 per sq ft.), travel costs (related tobusiness), kids (income shifting by payingthem to work for you, meaning business related), membership, conferences &education, meal expenses for business, retirement strategies (selfdirected investing, tax-free or tax deducted, 401K/IRA)depreciation Pro-active Planning / Get a taxadviser Talk to your tax adviser inadvance Fire OutOrganize expenses, listquestions, changes (buy, sell, etc. properties.)Changing entity type from LLC toS-Corp etc.

7 August 2024 | 9 replies
Usually, this would include something like a holding company ("Hold Co"), typically a traditional LLC, which in turn then owns an investment entity, often a traditional or Series LLC, which will be the entity that owns the assets/property invested into (the "Investment Co").

9 August 2024 | 16 replies
Our LLC bought it 5 years ago, and could be convinced to sell off a percentage.

8 August 2024 | 6 replies
Please note that the opinions expressed in this review are based on our personal experience and should not be taken as a definitive statement about the overall performance of Bildwise LLC.

9 August 2024 | 13 replies
My eventual plan is to scale - do most have a single financial LLC with its own checking account and each rental LLC finances go through that one?

16 August 2024 | 277 replies
In general (without going into JV or Syndication), we will create an LLC to hold the property, where everyone needs to sign the operating agreement (contract).