Would they need to report the entity's income in their individual Schedule C or form 1065 (partnership return)?

I guess I am a little trigger shy since our only rental was paid off when we started and we had no luck when the wife and I started our LLC's in a different area and were much more liquid financially.  

Straightened out my credit and was ready to pull the trigger only to find out HML is tricky.

I've got a partnership LLC along with typical W2 income, real estate, and interest income.I would appreciate any recommendations available.By the way, I live in NYC and the LLC and property is in Philly, so preferably someone that knows the state/city law in PA would be great.Thanks!

You would ask your attorney to transfer the title over to the LLC.As for your tax question, currently an LLC can be treated as either a partnership or a corporation.

Hello BP,

I am new to the bigger pockets community and I have been learning a ton. I am new to real estate investing with goal of finding my first deal this year.

I need some advice on a specific scenario. Here is t...

This will be my first client that resides outside of the US, and I want to make sure the partnership is structured legally for both parties involved. 

Matt,I am speaking to marketing, when the lead comes in they need to be set up for multiple campaigns and alerts, I am speaking to several things:new similar listingschanges on the properties showed(price, sold..etc)market reports for potential sellers, which would give prospect insight on what their property is worth All of this data is in MLS and it would require lots of manual work to compile data like that on regular basesFrom what I understand all of this can be set up in Top Producer, so these campaigns and alerts are triggered automatically.Let me know if that makes sense

I'm under the impression that when I find buyers who've done multiple cash transactions in the past, they'll want to pull the trigger on a good amount of the properties I find.

I am wondering if anyone has ever used a consultant to review a deal before you pulled the trigger.