John Chapman
Forming an LLC for multiple properties
27 September 2024 | 2 replies
But, in the event you really are persuaded that it is important to separate each asset, ensure that whoever is managing the books/monies on the LLCs are doing it 100% correctly as even a small mistake can allow would-be litigants to pierce the corporate veil and render all of it in vein anyway.
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HOMEVESTORS What do you know?
30 September 2024 | 26 replies
If you're interested in a Franchise; I would contact HomeVestors corporate office and ask them who the mentor is in your area.
Heidi Jensen
Wyoming Holdings Going Away?
26 September 2024 | 5 replies
The bipartisan Corporate Transparency Act, enacted in 2021 to curb illicit finance, requires many companies doing business in the United States to report information about the individuals who ultimately own or control them.
Nikhil Mascarenhas
CA out of state investors, what asset protection strategy do you use?
25 September 2024 | 7 replies
This has a lot of administrative overhead, the LLCs being disregarded entities may pierce the corporate veil.
Bryan Sopha
Best Equity Investment/Loans Available
26 September 2024 | 2 replies
What are best corporations or banks to use for this?
Dorien Grey
Hello to all members
25 September 2024 | 1 reply
I had to take a break from my RE business because of my corporate career.
Ben Stanley
How do people invest in real estate while working a full time job?
1 October 2024 | 37 replies
When I was working in the corporate industry, I began investing in real estate.
Dan N.
Setting up a land trust owned by a WY LLC - any recommendations (Besides NCH)?
26 September 2024 | 10 replies
NV Corporate Headquarters.
Lilly Fang
For flip, should I have an LLC or just as an individual? What about BRRR?
25 September 2024 | 5 replies
Plus, it simplifies the process of adding partners for future projects and helps keep your finances organized.As for BRRR, you can also deduct expenses and LLC income is reported on the owner's personal tax return, avoiding double taxation that corporations face.
Blake Dials
Multiple Bank Accounts
27 September 2024 | 13 replies
If you're co-mingling your finances, you will have negated any liability protection a proper corporate entity structure could provide.