Veronica Taylor
NYC......Eric Lee —fake listings?
14 December 2024 | 11 replies
HelloHas anyone had experience with an Eric Lee from Sowae 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.
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?
James McGovern
How to unlock opportunity for 108 Acres in Carlisle South Carolina
15 December 2024 | 12 replies
It would be nearly impossible to prove out price or pace here, meaning we would likely not be able to get corporate approval for the investment.
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.
Fidel Mercado Gonzalez
Investing in Canadian Properties as a Non-Resident
7 December 2024 | 3 replies
As a Canadian, most of what you say regarding BC and Ontario is true due to Vancouver and Toronto being the major cities in Canada, but your immigration numbers and link to housing shortage is a bit of political rhetoric.
Douglas Schwart
Seller Carryback Financing-Singh Corporation
5 December 2024 | 7 replies
Currently in negotiations with Singh Development Company to purchase my rental home (as in condition-renters moved out) located in Columbus, Ohio with Seller Carryback Financing.
SEEKING feedback from other Sellers ...
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
You would pay us corporate tax rate, but the retained earnings could remain in the company and not be repatriated to Canada.If you are moving to the U.S.A. and will not be keeping a presence in Canada, then once you move you should not be paying Canadian tax on your world-wide income.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Open a corporation and start building business credit.2.Leverage Credit to Multiply Capital: With strong business credit, you can secure $50K to $250K in funding through business credit cards and lines of credit.
Eddie Espinal
Has any body here used PadSplit for their rental properties?
14 December 2024 | 22 replies
I'm looking at a duplex opportunity that says "Corporate tenant, PadSplit has a low-risk 2-year master lease that protects your investment and alleviates landlord headaches