Raffi Krikorian
Has anyone dealt with Blue Orion Housing (corporate rental)
25 June 2024 | 17 replies
I have a house for rent and have been approached by a Blue Orion (blueorion.co) that wants to lease and sublet it to corporate clients.
Francisca Mac
Interviewing Property managers. Please share your recommendations
28 June 2024 | 12 replies
We managed 20 rentals while working full time corporate jobs.
Don Konipol
Five Unique Ways I’ve Seen People Make Money In Real Estate
27 June 2024 | 1 reply
The note which represented the major part of the purchase price was secured by the business In general but was more like a corporate bond.
Ane Deys
LLC purchase in multiple states
26 June 2024 | 3 replies
Here are some steps and considerations for ensuring your LLCs are compliant from a legal perspective:For Your SDIRA LLCs in Florida:LLC Registration: You have filed the foreign LLCs with the State of Florida, which is essential.FINCEN Registration: Registering with FINCEN (Financial Crimes Enforcement Network) was a necessary step for compliance with the Corporate Transparency Act.Ongoing Compliance:Annual Reports: Ensure you file annual reports for your LLCs with the Florida Department of State.State Taxes: Check if there are any state-specific taxes or fees you need to pay for the LLCs.For Your Non-Retirement LLC in Nevada Buying Property in Michigan:LLC Registration:Foreign LLC Filing: Once the purchase is finalized, file your LLC as a foreign entity in Michigan.FINCEN Registration:Corporate Transparency Act: As of 2021, the Corporate Transparency Act requires LLCs and other entities to register with FINCEN.
John Campbell
LLC vs Umbrella Insurance vs Other Options
28 June 2024 | 10 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
Derek Bleam
Questions about starting an LLC
26 June 2024 | 18 replies
So I used the company he suggested in his videos: Prime Corporate Services; I paid them and they set me up with 2 separate LLC’s; one in WY for anonymity and one in PA where I reside, but besides that I know nothing of what I’m dealing with and from what I’ve seen on these threads is that I screwed myself and just made my life more difficult.
Aleksandra Faust
Long Term Investment in Bay Area
25 June 2024 | 10 replies
Further north:- Sacramento gets a lot of corporate people traveling there.
Joe Wood
Inherited IRA Withdrawal Questions
26 June 2024 | 11 replies
Unless you choose to have the LLC taxed as a corporation, the income and deductions (including depreciation) flow through to the LLC's owner(s).Second, you can invest the inherited IRA as a self-directed IRA, even though you are not the decedent's spouse.
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
28 June 2024 | 41 replies
From the `1031 perspective only the contribution of a previously exchanged into an LLC or other corporate structure does not have to create a taxable event - particularly if you're simply creating a disregarded single member LLC.
Nicholas Bagliani
First time home buyer advice
24 June 2024 | 13 replies
My concern.. if these big corporations are buying up a majority of houses, assuming there’s no legislation in place to stop them from doing so or sell them off, now IS the time to buy before they take everything from us over time.. it DOES seem like now or never.Regardless of recession and lay offs in the future, these big corporations will just buy more, they’ll never run out of money. and we will all have NOTHING.