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.
Frank Greg
GC: Average Total Labor Cost on New Build
27 June 2024 | 62 replies
Any business or corporate entity looking to execute residential projects on a certain scale (which is sort of a regulated activity) either has to obtain a license (for the entity) or contract/retain a general contractor.
Seo Hui Han
Property Management in Large Multifamily (40-100 units)
25 June 2024 | 7 replies
Most of the administrative tasks such as posting rents, verifying applications, paying contractors, payroll. human resources, paying taxes, paying owners etc…. are dealt with at a higher level with the corporate office PMC
David Rutledge
airbnb friendly metro areas
26 June 2024 | 38 replies
@David Rutledge I don't doubt it, but it's a town of about 20,000 people, and aside from this thing a number of miles away called the Pro Football Hall of Fame, there really isn't anything that spectacular to draw tourism in the area... it must all be corporate and maybe kids returning to visit their elderly parents?
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
26 June 2024 | 34 replies
So, while it may be legal in most states for you to lend the LLC funds if it is structured as an actual loan, in writing with specific interest and payment schedules, just like a bank loan, it would have no tax advantage.If it's a stock corporation, then yes you can.This would be entered in QB like any other interest loan.Feel free to reach out with any further questions.
Jason Stoner
Is my management company committing fraud
22 June 2024 | 22 replies
I would just stop going there instead trying to track down the owners and analyzing their corporate structure.
JessLyn Rivera
How To Transfer A Rental Property to an LLC?
21 June 2024 | 1 reply
Even if you manage to be the first person in history to maintain the corporate veil of a tiny corporation.
Petronella Kerssens
Advice needed on purchasing multiple properties in Florida as European investors
23 June 2024 | 11 replies
If there's a fire in one of your properties and a tenant is hurt, they can sue your LLC but so long as you haven't done anything personally to pierce the corporate shield, it's much more difficult for them to sue you personally.
Brian Bradley
Asset Protection for Real Estate Investors
23 June 2024 | 105 replies
A plaintiff may always attempt to pierce the corporate veil by holding you personally responsible by theories as negligence or gross negligence.
Jeffery Speck
New LLC Tax Structure Question
21 June 2024 | 11 replies
Its not advisable to hold real property in corporations, and S Corp are more corporate-like.Just stay with the default partnership and deal with the 1065 and K-1.More importantly, discuss with a qualified professional or two.