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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...
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What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
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I was having a conversation the other day with a good friend of mine who is in the development and asset management world about a property I'm interested in purchasing. The property is currently 100% occupied with se...
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I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
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Hi guys, here's my story: when I was in my early twenties, my husband and I started a non-profit climbing gym club that's flourished. We decided to expand to a new location and I have spent a year or so reading the fo...
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So I am military, originally out of CA so it's my "home state"/residency but very easy for me to change as I am stationed out of CA and have been for a long time.I own several properties in CA and one in WA. I had a c...
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As a SFR investor only right now, I'm curious as to how many properties you think are acceptable per LLC. Again, I'm asking strictly about SFR's. I understand multi-family and commercial should be their own LLC w...
Greetings,
I am new to investing and currently have had my first rental property for almost two years now. It was my wife's house prior to our marriage and instead of selling we decided to rent the property out. We ...
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I was at a REI investment seminar today and it was mentioned that you should never have your name in the name of your business - in the line of being "asset protection". You should not use your name (first and/or las...
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What type of entity should you create if you(2 people) are going to be a private lender for fix and flips? Would it be any different if you were going to hold notes?
Thx
Eric