Aloha Investors,I have a Tax Question ...I just started an LLC on November 16.  Can I change tax election?  Change from Disregarded to S-Corp.  I haven't done any transactions yet.  Thank you in advance,Mike

Hi BP.

I had a question regarding an LLC.

We just opened up an LLC as husband and wife. I was wondering if this can be a disregarded entity since we are married and file jointly. All property in this LLC are communi...

So I have listened to multiple podcast referencing the benefits of having an llc. However I have recently started 3 llc's all in different states , GA, VA, NC,. is there a way to set up all my LLC's to allow for one t...

I want to set up for a 1031 of a set of apartments that are in a trust and put new apartments into an LLC. Will this work or do I have to keep the new property in the trust?

Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...

My business partner and I are planning to buy a commercial building in Nevada.  He is currently selling his commercial building in Washington and 1031 exchange into the Nevada deal. In order for the 1031 to take place...

Dear bp family,

I just formed my llc that i want to hold my rental property in..

My next step is to get an EIN number for the company..

I need it to start the bank account for the business aka my rental property

...

I am looking into buying my first house (that is a multi family) with a VA Loan. my plan is in a year to put it under an LLC S-Corp.  would it be beneficial to put it in a land trust as the llc for the beneficiary? Or...

Newbie question here. I know I need a CPA, but didn't think I needed this individual so early in the process. Words of wisdom from experienced veterans here is greatly appreciated.I formed a single member LLC for as...

I have heard many people talk about moving assets to an LLC after getting financing; although this could trigger a due on sales provision, it sounds like it rarely does.  It sounds like people don't tell the lender ab...