Kira Golden
Living Trusts and Asset Protection Structures
A group of friends began to discuss asset protection structures and living trusts over a few drinks the other night. We have done research on these topics and found many different ways to skin that cat. It turned in...
Christopher Reynolds
LLCs and Other Business Questions
Hi everyone. I'd like to know who to contact in order to form LLCs for our rental properties and for my home improvement contracting business (zero employees). Can any attorney form them, or is there a specific type...
Michael Ratterman
Florida Resident owns one property in California. Do I need a California LLC?
Hi,I have one property I am renting out in California which I need to put into an LLC. Is there any way of having that property owned by an out of state LLC and not paying the franchise tax for just one property? I ...
Ana Nomys
Att. CPA's! How does the IRS look at and treat virtual/shared office space as my "registered" place of business
I want to move my business and business address out of my home office. I would like to rent shared office space where I can hang my business and professional licenses that also offers a shared assistant that will prov...
Garnett Freeman II
Help with a transaction.
I came across a deal for a property that is actually included in the sale of a business owned by the landlord. I am in Texas. Is it ok to conduct the sale as a real estate transaction and include additional contract c...
Brian Trickett
I am trying to form an LLC and looking for advice
Hello there - I have to form an LLC for a few different reasons. I reside in Taxachusetts and most of my 'deals will be either in Massachusetts or New Hampshire. Can i form my LLC in another (cheaper) state? Mass fees...
Yorel Levy
Renting to a Tenant Who Works from Home
Hello All. I am a new landlord. I am considering renting an apartment in a two family house (both units are rentals) who will work from home most if not allof the time). Are there any special considerations that shoul...
Darrell D.
Tax Question for Cash Purchase
Hello Everyone. I paid cash for a BRRR property in 2016. From the first day I purchased it, it was identified as a rental. We completed the work in 2017 without receiving any rental income in 2016. Can the purchas...
Roan LaPlante
What address to use to establish out of state LLC
HelloI live in Ohio, but I am right next to West Virginia, and the bulk of my investing will probably be in West Virginia. I purchased one rental property in West Virginia last month and am under agreement to purchase...
Nicholas Kontos
Building a Team in Dallas, Tx
Hi there,My name is Nick and i am looking to invest in Dallas, Tx. I am from Sydney, Australia and am looking for some helpful advice in regards to building a team i.e Accountant, Real Estate Lawyer, Real estate agent...