Michael Cooprider
LLC for Properties and S Corp for Property Management
Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
Satyajeet Dodia
Is my Entity Structure overkill ?
I need some guidance since i have got diff opinions from diff CPAs on my situation. I have three LTRs (in TX) owned by a TX Series LLC. The TX LLC is owned by a WY LLC (as per advice/plan I had received from Anderson ...
Kevin Alexander
I want to be a real estate developer
Hi everyone,I'll get straight to the point. I've worked a number of jobs over the years (all kinds of manual labor, listing agent), but have always been interested in real estate development. Why? Without going into t...
Mike Favors
Removing linoleum flooring?
In the above house, the kitchen had linoleum. The top scraped off and left the paper and glue. I tried wetting it but it doesn't seem to come up other than an inch at a time. The dining area had carpet. Once remo...
Gabriel Manson
How to start home flipping without much capital
I would like to get into to the real estate market/house flipping/renting. I’m lacking capital and looking for advice on how to get into this thriving market. I’m very versatile when it comes to work and labor. I’m su...
Jackie Turner
Will property managers do this?
Me and my partner are currently starting our first real estate investment company and as you might have guessed, we have questions.
One of the main questions we have right now is exactly how much will a property man...
Tony Giangreco
Best way to setup an LLC for two Investors and possibly use a SDIRA
I good friend and I have discussed flipping houses before but never created an LLC or invested. He has attended some auctions and saw some interesting properties. We have finally come to a point where we are ready to...
Ben C.
To form an LLC during offer process?
Hello,
I have a question regarding LLCs...
My goal is form a new LLC for each project such a 519 Main Street llc etc for max asset protection...
My question is each time you form an llc it will take some $.
Do y...
Carrie Cathey
Where can I find Land Contracts (contract for deed)?
Curious to know if anyone is successful in land contracts? If so, which market is hot for this and who would I talk about to acquire such a deal? Thanks.
Yannes Chiang
Buying the LLC instead of the property?
Hi,We are investors from California and are looking an opportunity in Philly UPENN area and the seller offers to sell the LLC which was established to hold the title of the property or the property only. It is a newly...