Navid A.
Obtaining loans under a LLC
Good Evening BP!I talked to my lawyer today to finally set up a LLC to add another layer of protection against liability. My concern now is, how difficult is it to obtain a loan from the bank under a LLC versus under ...
Larry Chancellor
New to Real Estate investing
Hello everyone!! My name is Larry Chancellor and I am new to real estate investing. My wife and I have started our company with the goal of financial freedom and travel. I have been networking in the Pittsburgh area a...
Donald D Michna
Setting up a corporation for note investing
I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...
Chandler Ludwick
Is the LLC path common?
I like the liability protection an LLC provides, but everything I read says that banks won't lend to LLC's (or allow to deed to an LLC normally). So do most of y'all not go the LLC route? I am assuming then you would ...
Mike Gordon
General LLC Questions
I think I'm ready to form an LLC for the next property I buy and am currently writing a few offers. I had some questions about LLCs that some of you might be able to answer: - I'm thinking of filing in Nevada or Wyomi...
Geoffrey S.
formation of a c corporation
I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me. I've got a full time job and, for now, the rentals are supplemental income/retire...
Jason Malabute
SETTING UP LLC IN INDIANA AS OUT OF STATE INVESTOR
Hey guys I’m trying to start an LLC to put my first rental property in. I live in Los Angeles California, but my property is in Indianapolis Indiana. Do you need an agent in process with a physical address there in In...
Account Closed
Self-directed IRA and LLCs
Looking into a self-directed IRA with Guidant Financial. Is anyone familiar with the tax regulations and process surrounding purchasing a property through a self-directed IRA and transferring the property into an LLC ...
Ray Malave
Buying Properties with HOA fees
What are your thoughts on properties with HOA fees? I'm looking at a 4-plex that has a $37 per door HOA fee.
Todd Powell
Question: Can you take two different LLC names and do 1031?
Here are the specifics. I have ownership with my wife and older son and his wife, all 25% each as members in two different properties. One is a 5 plex, Powell Properties Milton St, LLC and another 8 plex, Powell Prope...