Art Maydan
Being Paid Through LLC vs. Personal
In addition to property management, I do hourly work for a rehabber. Would it be better for them to send a 1099 to my property management LLC or to my personal name? Both are justifiable since I end up managing the ho...
Justin R.
Delaware LLC for long term rentals
I am going to create an entity and my 3 priorities are...1. Asset Protection2. Anonymity3. Tax advantageous (would be a plus)I live in CA, and invest in 6 regions outside of CA. I am no longer comfortable with my umbr...
Andrew Turella
Does anyone use a Series LLC format?
I’m looking into the best way to structure multiple LLCs for buy and hold properties and stumbled upon the series LLC format. Does anyone have experience with a SLLC?
Collin Chew
LLC Out of State, Use my PM's Address?
Hello All,
I am located in California and have started investing in Wisconsin (3 houses currently, working on my 4th). I've reached a point where I think it would be a good idea to form an LLC, but it looks like it i...
Conner Price
New investor looking for LLC guidance
I am a new investor living in California, investing in Wisconsin. I’m under contract right now for my first property in Milwaukee Wisconsin. I am looking for some general guidance and information on setting up a LLC. ...
Dustin DuFault
Modifying a Lease to Facilitate a Cash Out Refi
Team BP,
I acquired a property via foreclosure auction with cash in the name of my LLC. For a variety of reasons, not the least of which is access to financing, I have decided to move the property back into m...
Dowan Allen
Real estate corporation Canada
Recently spoke with a lawyer. Starting a basic holding corporation documents is about $500. Any know how much the accounting cost is for beginning real estate corporation acquiring2 properties this year??
Sunil Sharma
Need advice for forming a LLC in Nevada or Wyoming
Hello All,I am in the process of creating a LLC and wanted to know where should I establish the LLC; in Nevada or Wyoming. What are some of the pros and cons? Our Scenario: We are planning to do business in IL and TX ...
Wendy Hernandez
Group partnership: :
How do you divide the profit if its a group of 4 ?How do you file the taxes? The LLC would be shared amongst all? Im new to all this and want to understand these things to go over it with my group.
George G.
Finding property from Bankruptcy?
So I'm using a service foreclosure.com that provides people who file for Bankruptcy here in Illinois how do you go about finding out if they want to sell the property? I know Chapter 13 usually people keep the proper...