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Results (9,191+)
Steven Noreika Getting started (my story) - LONG - Barely Updated 12/12/07
30 December 2007 | 18 replies
If so, I'll make sure to incorporate those into my calculations from now on.Thanks, and Happy Thanksgiving all.
Patrick Liska Income from sale
5 September 2016 | 6 replies
Keep me posted as to the outcome as I am always looking for strategies that I can incorporate into my business and enhances my tax shelter and savings.Good luck.
Ryland Taniguchi Mistakes I Made In Construction This Year
19 September 2016 | 15 replies
Anything in Non-Incorporated King takes ridiculously long so much so that I would never buy anything in Non-Incorporated KingMy attorney says LNI (Labor and Industries) is targeting flippers this year.
Marwin Balibrea How to (or should I) form partnerships with family members?
20 July 2015 | 9 replies
You don't have to sell them on your dream, just sell them on theirs; then incorporate their dreams in order for your to fulfill yours. 
Andrew K. Canadian setting up an LLC in the US
20 September 2017 | 4 replies
@Bayard P.An LLC may work as an incorporated entity for a Canadian (natural person or corporation) holding property in the U.S.A. depending on your situation as you need not elect to treat it as a flow-though entity.  
Thomas Lorini BP Newbie - Looking for Advice/Input on a Recent Purchase!
15 March 2015 | 18 replies
To pull this off, your Canadian properties would have to be held in an incorporated entity - which means the revenue would be taxed at the full corporate tax rate and not the CCPC tax rate (since the income is considered passive).  
Corey Demuth Best option for mortgage when buying rental to hold in LLC? (NY)
24 July 2015 | 16 replies
I have accepted this and simply incorporate those costs into my deal analysis to see if I should by a property in the first place.With a shorter amortization, you also reduce the possibility of future challenges to refi, if that becomes necessary, because you are paying down your equity much faster.  
Marcus Geiser The First Step of My REI Journey
10 July 2011 | 4 replies
I will incorporate my url's in all my print and web advertising as a start.
Robert T. The Best Advice I Ever Received - Paying it Forward
4 August 2017 | 2 replies
Either that, or that really are just regurgitating someone else’s stuff.Let your income lead your expenses, not the other way around – I have to confess, I heard this from a free real estate course, not personal advice.However, I have found this to be very valuable.It’s amazing how quickly you can spend a lot of money and/or get into debt because we think “we have to spend money to make money”.We get in a hurry (remember #1) and think we’ll make all the money back in just a short time period.The gurus are great at convincing us that their course will pay for itself and we believe every bit of it.Instead of going into debt for education, pay with cash and from your previous income, not your future possible income.Remember, “results are not typical”.Don’t worry about incorporating in some other state – This actually came from an attorney friend who said if I felt I needed a Corporation or LLC to use Nolo Press and to do it myself.Contrary to what most of the gurus say, you can look up the parties in Corporation and LLC in Nevada and other states.In addition, most states will require you to register with them if you do any kind of business in their state.So, if you’re going to form an entity, just do it in the state you are going to do business in.Don’t form an entity until you have done several deals – This seems to be one of the first things newbies want to do – and I was one of them.What the guru’s don’t tell you is that you’ll probably have to pay someone to do your taxes for your entity which will add extra costs.They also fail to tell you how difficult it is to work with banks as an entity until you have several years of tax records to prove you’re successful at the business.If you haven’t done any equity or assets, use liability insurance and a personal umbrella policy.It will be much more effective and cheaper in the short run.After you have done several deals and have assets you want to protect, then you can form your entity.
Dave Charron who stages their flips?
29 January 2018 | 8 replies
Tables, couch, chairs, beds, bedding, lamps, art, towels....it all adds up.