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24 February 2023 | 12 replies
Incorporated into a triple net lease are the stipulations that the management company will pay for insurance , property taxes, and interior maintenance.In every RE lease that is a triple net lease insurance on the property is paid by the leasee.
29 June 2018 | 4 replies
I am as considering doing it for liability issues but reading up people say there are no tax benefits incorporating, but after reading it can change and affect your agi it made me wonder if it’s worth incorporating to help offset my agi.
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23 June 2020 | 24 replies
Friggin AWESOME.I always wanted to incorporate something like that.I was thinking MonkeyMan.
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18 September 2020 | 7 replies
I was contacted by a firm in Nevada saying it's the best place to incorporate.
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19 January 2024 | 5 replies
Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....
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18 January 2024 | 4 replies
After that incident I am now incorporating inspections into all of my deals.
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13 July 2019 | 5 replies
I understand where you are coming from, but I don't agree that the current rental calculator incorporates all of the functionality that you need to run an in-depth short term rental analysis.
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19 January 2024 | 1 reply
Sucks but was going to send it in.Then, they also want a business license ($30) -- but to get a business license you need another form...the only of which appears to make sense is to incorporate a company that will have the license.Am I reading this right?
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7 August 2023 | 6 replies
@Barry Ruby I think Flips will be the hardest to incorporate with everything else.
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12 November 2020 | 14 replies
@Travis RogersMy personal rule is that the holding entity (i.e. the LLC that actually owns the real estate) should be incorporated in the state where the property is.